China is perfectly capable of addressing all sets of challenges simultaneously.
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Given centuries of turmoil in China, today’s leaders will do everything in their power to preserve stability.
The measures used to overcome the Asian financial crisis should not be overlooked by Europe.
![The austerity debate was one of the major topics at this year's World Economic Forum in Davos [REUTERS]](/wp-content/uploads/2012/01/201212594550360734_20.jpeg?resize=270%2C180&quality=80)
Increasing internet access in China can only accelerate the speed of its extraordinary development journey.
China and to a lesser extent India are positioned to meet challenges resulting from the downturn in the world economy.
A drop in external demand means Asia must focus on its own 3.5bn consumers.
Blaming China for big US trade deficits is misguided – instead, the United States should be looking squarely at itself.
If the government implements another ‘strategic transition’ focused on consumption, China’s economy should rebound.
With consumer confidence taking a dip, Americans will a feel ripple effect from the drop in spending.
China may soon be fed up with US fiscal intransigence and show it by halting the purchase of the dollar.
