Wednesday, February 24, 2010

Rogoff Says China Crisis May Trigger Regional Slump

China’s economic growth will plunge to as low as 2 percent following the collapse of a “debt- fueled bubble” within 10 years, sparking a regional recession, according to Harvard University Professor Kenneth Rogoff.

Kenneth Rogoff is an economist, co-author of “This Time is Different,” a 2009 book that charts the history of financial calamities in 66 countries.

You can read the article :


http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a4MydrE5VOEM

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