Jack: There is no doubt that China economy will ultimately spawn companies like Google and Apple that are highly creative.
Barclays Capital, for instance, said the bottom in the China economy was likely to come by the beginning of the third quarter.
An accelerating China economy should feed back into improving growth in the U.S., and over here Chung is betting on an interesting trend in consumer retail.
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First, despite a year of tight credit and doomsday predictions from many China watchers, the China economy is alive and well and continues to grow at a healthy rate.
Although economic growth has declined to its current level of 7.5 to 8.0, percent due to a slowing rate of growth in infrastructure spending by the government and relatively restrictive monetary policies, the China economy is undergoing a fundamental shift where domestic consumption is becoming one of the key drivers of the economy.
"China's economy is growing at three times the rate of the West, and if that growth continues, China will become the largest economy in the world within the next couple of decades, " Mr Schwarzman said in a statement ahead of the funds launch on Sunday.
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They also promise better food--served up on china in economy class--and more stylishly dressed employees.
"Growth in Asia will help drive the global economy, with Japan's expansion well established, " it said, adding that China's economy would continue to grow despite government efforts to cool its rapid expansion.
Helping kick off the selling was data showing China's economy expanded 7.7% in the first quarter.
China's economy is now the second biggest in the world after the United States.
However, the OECD warned that while China's economy had rebounded it continued to face various risks.
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If that is roughly right, China's economy can keep steaming for a while yet.
The IMF's latest forecast, that China's economy will grow by 6.5% this year, may prove conservative.
China's economy would probably still expand by around 8-9% even if export growth dried up.
But economists are anxious about the balance of China's economy as much as its speed.
China's economy is still less than a third the size of America's at market exchange-rates.
It is easy to exaggerate the degree to which China's economy is dependent upon external trade.
Wang also said it was important develop the tourism sector into a key part of China's economy.
China's economy grew by 10.7% in the first nine months of the year, fuelling worries about overheating.
Mr Wen also spoke of transforming China's economy to one less dependent on exports by boosting domestic spending.
One is to modernize China's economy, for which it needs foreign investments, foreign markets -- and regional stability.
Rebalancing China's economy will require big structural reforms, from tax to corporate governance, as well as a stronger currency.
Foreign investors might help finance the parts of China's economy its banks do not reach, such as entrepreneurial companies.
The government hopes to steer China's economy--and its image--away from dirty factories and toward global brands and high-tech outfits.
And because China's economy is growing at a robust rate, it could rise.
She asked if I thought China's economy would be strong in five years.
If China's economy continues to boom, its energy demand will keep on surging.
The story of migration since then is the story of modern China, as migrant workers have transformed China's economy.
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China's economy relies too much on investment and too little on consumer spending.
China's economy, on the other hand, is still largely controlled by the state.
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