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It is unusual to sum up the results of the...
increase? Where will China then get asphalt for its highways and gasoline? China will not have enough water for agriculture and other industries. Finally, it was ideologists rather than strict economists who explained that China is not democratic enough to sustain steady growth. The centralized public-private partnership has proved too successful in minimizing the consequences of the current downturn. China"s leaders may decide that if this is the case, China does not need liberalization and this decision will definitely curb the growth. This is what the theory states on this score.Be this as it may, we have again been reminded that China deserves respect. The United States has long treated it with respect. On the one hand, American companies and labor unions demand that the administration reduce the imports of car tires, steel pipes and many other products from China. On the other hand, the American media observe that not a single anti-Chinese measure is adopted in Congress
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