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China Syndrome: Economy Is on the Rise

Stimulus package leads to surge in growth

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By: TOM BRANNA

Editor

Who’s following whom? Looks like China has left the global recession in the rearview mirror as its economy is expected to rise nearly 8% in the second quarter. Moreover, when measured on annualized quarter-on-quarter comparision, China’s second quarter growth could be 15%. In fact, the rebound is so fast and furious that some economists are worried that there will be a negative impact to the turnaround, such as stock market and real estate bubbles. Still, China’s gains ar...

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