MURDER, POLITICS, AND THE END OF THE JAZZ AGE
by Michael Wolraich
By Martin Hutchinson, Asia Times Online, March 13, 2012
Only China of the much-lauded "BRIC" countries is (possibly) living up to its fast-growth billing. The economies of Russia, Brazil and India are facing slowing or suspect expansion, and given their political leadership their outlook is far from bright [....]
But also see:
China Struggles to Bridge Gap Between Rich, Poor
by Shannon van Sant, Voice of America News, March 13, 2012
[....] In his opening speech to the NPC, Prime Minister Wen Jiabao announced plans to slow the economy to help curb inflation - which China wants to keep below four percent. Wen also said the government will take measures to restrain rising property prices [....]
and:
Chinese Economy in ‘Hard Landing’: JPMorgan
By Weiyi Lim, Bloomberg News, March 14
China’s economy is already in a so- called “hard landing,” according to Adrian Mowat, JPMorgan Chase & Co.’s chief Asian and emerging-market strategist. “If you look at the Chinese data, you should stop debating about a hard landing,” Mowat, who is based in Hong Kong, said at a conference in Singapore yesterday. “China is in a hard landing. Car sales are down, cement production is down, steel production is down, construction stocks are down. It’s not a debate anymore, it’s a fact.” [....]