China has just unveiled their 5 year economic plan. The plan lays out the path that the country's economy will take in the near future. As China's economy has a large impact on the world economy, this will affect people around the world, including Australians.
Interestingly, the plan calls for a slowing of growth in the next half decade. Thats right, LESS growth.
Read and listen to more about it at NPR's Planet Money.
http://www.npr.org/blogs/money/2011/03/11/134457859/the-friday-podcast-chinas-growth-problem
I also highly recommend taking a look at the Planet Money website and subscribing to their podcast.
Interestingly, the plan calls for a slowing of growth in the next half decade. Thats right, LESS growth.
Read and listen to more about it at NPR's Planet Money.
http://www.npr.org/blogs/money/2011/03/11/134457859/the-friday-podcast-chinas-growth-problem
I also highly recommend taking a look at the Planet Money website and subscribing to their podcast.
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