Watch "Fareed Zakaria GPS" Sunday at 10 a.m. and 1 p.m. ET.
There is much speculation these days about power struggles in China in the wake of the ouster of Bo Xilai, the powerful party boss of Chongqing.
China's political system will surely be tested but in the short run, its leaders may have dodged a bullet.
Bo Xilai was a charismatic, Machiavellian leader, who used populism, money, and power to build a political base.
Had he not been brought down – by a series of mistakes, revelations, and bad luck for him – he might well have altered the nature of the technocratic system that now runs China.
In the short run, China might well survive its political crisis. But it faces a more immediate challenge: an economic crisis.
Watch the video above for more about China's economic future or read more in my column at the Washington Post.
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I'm not sure "slowdown" is the word. The most accurate accounts of their economic status tends to come from expats.
If your stocking commodities in warehouses to the sky, or where their overflowing next to grain commodities, what does that say about industrial and consumer demand. Cities and real estate developments with no signs of economic or human habitation.
Chinese culture sucks. What have they ever done for the world in the last 1000 years? Nothing.
Don't be mean. They did invent skinning people alive. Not that great of an invention imo.
Porcelain is invented by Chinese. All paper-making technology is from China.
You are moron, learn history before you shame your self. Chauvisme only bring destruction. Please respect the others
gunpowder, modern sailing, just a few things
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中國GDP早晚要趕上美國成為世界第一
中國國防預算也將超過美國
中國對抗美國的時代會到來
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China, the world's second biggest economy has experienced its slowest growth for three years. It has been hit by two effects. Firstly the slowdown in the Eurozone is affecting the exports to and investments in China. Secondly property investment in China – amount to 1/8 of GDP – is slowing down too. Ahead of the transition of power in autumn, stability is key in this handover year. In order to keep economy stable China are "moving into stimulus mode" and investing in infrastructure, such as airports and railways, and project for affordable housing en masse. The growth plan for the next 5 years is set at 7,58% instead of 8%. Still enviable enoguh for many in the West. If growth fell to 6% there would be a problem. Interesting enough one sees a capital outflow from China. Chinese are increasingly buying prime properties abroad instead of investing at home.
Based on what Fareed has said, it seems like slowing down is a natural part of the cycle. China should be commended for taking initiative in fighting poverty, while not demanding unrealistic growth forecasts in the long-term.
China is a poor, misery filled prison.
China's government should be on trial for crimes against humanity.
Only pple gna hurt by chinas slow economy is filthy sunni paki ..america leaving soon , china will be next partying down with india as they have billions of dollars in import and export ... pakistan is just a hoe china keeps on side to scare states and isreal
China slowing down? Looks like China misses the Americn middle class too.
The only thing we should care about is when we go shopping we don't have buy made in China. As long as I have to buy made in China, I can see US's economy still in very bad shape and unemployment still a big problem for US.
made in China = made in USA
Everything is bad in China but everything is hunkory dory in India. LOL!!!! Sounds like CNN an instrument of implementing Yankee foreign policy??? You bet. Here is one for the road
The only growth left in India is the hair between the legs. Value of rupee has tanked, inflation is in the clouds, stock market has crashed, corruption is rampant, hospitals are burning, people are dying in scores, societal values have rotted, Microsoft and GE are pulling the plug on call centers...Dell and Delta Airlines have almost packed up and shifted the call centers to Canada. Pakistan has opened up Wagah Border to provide food aid for India (Thank you, Pakistan, for helping out).
New, More Dangerous Hindu Extremist Groups Emerge in India
Christians concerned as rightwing factions splinter to form militant outfits.
PUNE, India, October 29 (CDN) — After more than a decade of severe persecution, India’s Christian minority is growing increasingly concerned over the mushrooming of newer and deadlier Hindu extremist groups.
Gone are the days when Christians had to watch out only for the Vishwa Hindu Parishad (World Hindu Council) and its youth wing, Bajrang Dal, which are closely linked with the most influential Hindu extremist umbrella organization, the Rashtriya Swayamsevak Sangh (RSS). With voter support faltering for the RSS’s political wing, the Bharatiya Janata Party (BJP), moderate and extremist sections within the Hindu nationalist movement are blaming each other, and militant splinter groups have emerged.
Claiming to be breakaway factions of the RSS, new groups with even more extreme ideology are surfacing. The Abhinav Bharat (Pride of India), the Rashtriya Jagran Manch (National Revival Forum), the Sri Ram Sene (Army of god Rama), the Hindu Dharam Sena (Army for Hindu Religion) and the Sanatan Sanstha (Eternal Organization) have launched numerous violent attacks on Christian and Muslim minorities.
Thanks for a low down on India u stupid fool. All this rant about right wing hindus does not cut it as the whole world is hunting down wanting terrorists in Pakistan a.k.a. terrorist state of pakistan. Hoes take money from states and saudis and chinese (do not know how many fathers are), keep summarily killing minorities and their own women (hudood ordinace), lone ahmadi who earned noble prize had his grave destroyed and their passports denounce ahmadis. I mean pakis are the most advanced self delusional fools in the whole word. They try to keep teaching the whole world values whereas the sole aim of population to exist is to feed the corrupt military whose wet dreams are conquering India and then global domination. That is another thing that except for Punjab, the sindhis, balochis and FATA and NWFA simply hate them and their ilk and rickshaw drives sell kidneys to survive. Go on, loot ur own poor people and send money to swiss banks and ur children to states. Kepp feeding everybody jihand, come early to the border, we will send u to meet ur 72 fast, that is our mission u clowns
why all the hate for India? You get some bad Curry?
China's growth is down because it has been artificially inflated. It is still artificially inflated, they are just slowing that down a little bit. If China was to allow the value of the currency to be true rather than manipulate it the way they do, their economy would crash and you would see that their growth was completely based on the fact that they had artificially cheap exports.
NO. China is an atheist country, it will never slow down. Religious America will soon die
Time to contemplate after where it can go in full force. Chinese are respectable people if they even export curly bamboo stalks to bring home the bacon.
When Sarah Palin was asked to weigh in on this she stated that she likes the egg foo yung.
China never had a War. How the slowdown occurred?
There will be NO hard, soft or any sort of landings for China everyone is wildly guessing.
I think China is shifting it's focus on a new strategy. Which is abandoning dependence on its exports to the West and Europe, while concentrating on expanding its trade agreements throughout Asia and the emerging countries like everyone is doing.
Chinese people will prosper, earn higher salaries and become the mass consumers for China home made products. This is easily achievable for them because of the sheer size of its population. And it can be furher enhanced if China reverses its one child policy, and increase its population to 2 billion. But before that can happen China will have to expand its agriculture and other food productions to feed this amazing number of people.
Meanwhile China will continue to invest in other countries like US, to earn even more foreign currencies for their national reserves.
China may be content once they arrived at 5-6% GDP growth , after achieving political and economic stability domestically.
It will be that perfect takeoff – for a non-stoppable orbit around the world .
So, people should stop hoping for any kind of crash landing for China.
Not surprising, their system limits their growth. Their economy per person is still very weak well within the developing country margin.
China's political maturing is somewhat less Hollywood than America's. It is less dramatic than the impeachment of Nixon and the almost impeachment of Clinton.
And of course, there is that political, symbolic, dramatic, shoe in the face bullet of Bush Jr.
The only things that are possibly crasing are Eu and US economies !
How can anyone who donteven know what is happening in China is predictings a crash landing. Gawd.
If there is any crash landing it will be the property business in SHANGHAI. The rest of China's emerging states are doing better than Europe and America. These states are prospering and will contribute to China's GDP growth. For the next 20 years.
The only things that are possibly crashing are Eu and US economies !
How can anyone who donteven know what is happening in China is predictings a crash landing. Gawd.
If there is any crash landing it will be the property business in SHANGHAI. The rest of China's emerging states are doing better than Europe and America. These states are prospering and will contribute to China's GDP growth. For the next 20 years.
[ Great China is emerging and unstoppable ]
The Republic of China (ROC Taiwan), Hong Kong, Singapore and Mainland China (PRC) have same culture and language. All Taiwan's passport and ID are printed as "Republic of China". Possibly after the per capita income of Mainland China is same with Republic of China, then Mainland China will slow down on her economic growth.
China has longest (lasting) history, and her history record is preserved well; the civilization has passed several difficult and prosperous periods. Now the living standard and world position both are upgrading, so Chinese are becoming happier. Why clash?
South Korea and ROC Taiwan are "slow down", but is still growing, at least is faster than many countries. After 2025 China (Mainland China + ROC Taiwan + Hong Kong) will surpass the US on GDP and military forever. In 2025 Singapore will have highest per capita income on the earth. That is the future.
Even Mainland China's economic growth is 5 %; it is not a crisis certainly. It is a cheerful and healthy growth. You could not always run, rest is important for next run.
Of course, Mainland China's economic growth will slow down in the future; it will happen after China's GDP is 4 times bigger than the US.
You told very well.Thanks. I believe what your mentioned.
Chinese never become as US due to China has lack of moral. Politiclly China so delay on world. Because they don't have right to express. Even many meddle east has to right to choose their leader but China don't have
What you don't want done to yourself, do not do to others.
Yah! This is the policy of China flashed back 5,000 years ago.
China, please save the world from the abyss!!!
china is really abyss!
Whether its stop at one, two or three, these are options China once they are economically ready for it.. It will take time. Like they always say Rome wasnt built in a day.
China current economic, and soon political, transformation, is truly awesome and should be an inspiration to all underdeveloped nations like Burma and North Korea to change their political course.
Asia , Africa and the emerging countries are looking to China than America.
I think its a shame that many Republican politicians do not want to work peacefully with China. These myopic politicians are still in never never land. They continue to believe in their own invisible greatness, refusing to believe America's dominance politically or economically is over.
US can become 3rd place at best.
America is a great country, but run by many incompetent politicians who are bankrupting their cities enmasse.
jiski thali main khao usi main ched karo .. its in ur blood son .. filthy sunni paki
I'm a USA citizen trying to convince the government to adopt a low enforcing all pens companies to offer at list a "GREEN" pen. From America I never found anybody interested. From China I got offer to buy MYGREENPEN T.M.
this show me China is more agressive when business are at at stake, and the same apply to everything China do.
China could have a slowdouwn but of modest consequenses to the Nation in general.
Regards, Mario Negovetich. { USA discard every year 240.000.000. plastic pens, a crime agaist the environment. }
saeed,you are a moron.If any one should be nuked,it should be people like you who live in thisworld..Better yet you and alike are dong a very well kiliing each other in the middle east.