Blog: Olly WehringChina's economy "overheating"

Olly Wehring | 14 January 2010

China's economy is in danger of  "overheating", according to a report on global risks published today (14 January).

The report, published annually by the World Economic Forum and a host of top insurance firms, warns that China's economy is more fragile than many believe.

"China's economy is in the process of overheating," Daniel Hoffmann, chief economist at Zurich Financial Services, told a press conference in London to mark the launch of the report.

China may have largely survived the financial crisis and global recession, but has largely done so by domestic credit growth, says the report, which describes the Chinese economy as a "key risk" to global economic stability.

For more on the risk report, click here.


BLOG

The (temporary) return of Paul Walsh to the drinks debate

Paul Walsh just can't stay away from the drinks industry....

BLOG

Budweiser races to stock Mars bars

For those people looking to the Red Planet as shining utopia away from all things earth, look away now....

BLOG

When life gives you lemons, make soap

Bacardi's 42 Below vodka brand has found a novel way to use the lemons left over from cocktail-making: Turn them into liquid soap....

BLOG

Small measures required as Philadelphia soda tax adds up

Philadelphia’s soda tax came into force on Sunday, and is reportedly causing a stir in the city's check-out aisles....

just-drinks homepage



Forgot your password?