The risk, however, is that this emphasis on prudent debt management and export-led growth is a plan for yesterday's war the one that weakened emerging markets in the 1990s.

ECONOMIST: Emerging markets

If China can heal some of those rifts with a greater focus on rescuing those left behind by the new prosperity, this may in turn take some of the pressure off the government to subsidise export workers through currency management.

ECONOMIST: China contemplates change | The

In addition to emphasizing the relevance of such business activity to federal procurement decisions, this process might, at minimum, urge the establishment of global security risk management programs, much like export controls already in force.

CENTERFORSECURITYPOLICY: Doing business with Iran

The second threat is failure to secure the medium-term structural shifts in fiscal positions, in management of the financial sector and in export-dependency, that are needed if a sustained and healthy global recovery is to occur.

FORBES: Deflation Dissected

Such exports may not be manufactured, but the businesses that make and export them have been using increasingly sophisticated production technology and management methods.

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