Growth of the Chinese economy
Growth of the Chinese economy.
Immediately related elementsHow this works
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The Global Financial Crisis Â»The Global Financial Crisis
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Long-term causes of the financial crisis? Â»Long-term causes of the financial crisis?
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Unintended consequences of earlier public policy choices Â»Unintended consequences of earlier public policy choices
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US spending funded by credit Â»US spending funded by credit
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People encouraged to live beyond their means Â»People encouraged to live beyond their means
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Cost of borrowing low Â»Cost of borrowing low
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Asian investment in US treasuries Â»Asian investment in US treasuries
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Positive feedback loop with US buying Asian-produced imports Â»Positive feedback loop with US buying Asian-produced imports
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Influx of Asian money into the US market Â»Influx of Asian money into the US market
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Growth of the Chinese economy
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China was saving nearly 50% of its GDP Â»China was saving nearly 50% of its GDP
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Lifted millions out of poverty in China Â»Lifted millions out of poverty in China
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