Protected Growth

As in every year, the understated growth prediction for the Chinese economy for the upcoming year have come out. According to the Asian Development Bank China's GDP will grow by an expected 9.5% in the 06-07 fiscal year.

After adjusting for the understated numbers this means we should again see double digit growth from China. This means more and more things that we use will be made in China, and slowly China will continue its deindustrialization of the West. As soon as this is done the West will be primed for the picking.