THURSDAY JANUARY 24
China’s Tipping Point

With the U.S. first leading the demand for oil, then the war in Iraq, and now a global economic slowdown, China is realizing it may not want to tie its fortunes so heavily to overseas trade anymore and focus instead on its own domestic development. As the nation reports a second year of growth above 11% today, it looks as though it may soon shift its priorities from curbing economic expansion to sustaining momentum. Really, can you blame them?

January 2008

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