Which Way, L.A.?
No Economic Downturn in China
Two things most Americans associate with China are astonishing economic growth and mind-boggling pollution. But growth also means stock-market and real-estate bubbles, a shrinking private sector and a restive working class. Now China’s trying to go green at the same time it builds coal plants and imports oil.
Two things most Americans associate with China are astonishing economic growth and mind-boggling pollution. But growth also means stock-market and real-estate bubbles, a shrinking private sector and a restive working class. Now China’s trying to go green at the same time it builds coal plants and imports oil.