elevated levels. This is true also for China. China's growth in the future needs to be less dependent on growth in fixed … reforms - and they will prove politically challenging as they equally concern basic institutions. In the short term, China may … China has often used. But the economic return from that model is shrinking. Beyond China, Asia countries in general need to …

houses - the US, China, India, Japan and Korea - are in the region. As economies grow, so do military expenditures and the … passes through the South China Sea, and half of the world's energy passes through the Straits of Malacca. But the European …