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China

The People's Republic of China has enjoyed spectacular growth for much of the past twenty years. Annual growth rates in double digits are quite common and nearly the expected norm. Although China's growth rate slowed for a few quarters, the Great Recession scarcely influenced it, and it soon powered back to reestablish breathtaking growth.

This year, China surpassed Japan to become the world's second largest economy. Seldom does a day go by without a prediction of its coming dominance of the world's economy. Experts from around the world, at every level, from consulting firms to government agencies, are all competing to predict the continuation ...

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