Coming challenges could slow the Asian economic juggernaut
In last decade, the world has seen China jump towards its aim of becoming one of the most advanced economies. The average GDP (gross domestic product) growth of 10% has removed hundreds of families out of so-called poverty converting China into a powerful economic hub. The speed of its growth in coming times will decide whether it has what it takes to challenge United States for the superpower. Will China run, stall or crawl over the next 10 years?
As per many economists, it's difficult to make any prediction for future at this point of time especially for such long prediction period on Asian economy because of the great power of complicated numbers.There have been recent studies on global economic outlook with varying GDP projections of the future.
the growth of China will consisten...