McKinsey has made the following prediction: Despite food price inflation and a stagnant housing market, China should maintain a rapid rate of growth. In detail:
1. Government policies will spur consumption and investment.
2. Dominant models will emerge for reforming rural land ownership.
3. Real estate will stagnate.
4. The fundamentals will cause further inflation in food prices.
5. Chinese investment in green tech will spike upward.
6. Accounting scandals will continue.
7. Private-equity and venture capital funds may go ‘walkabout.’
8. Chinese acquirers will be bolder.
9. The automobile segment will be slow.
10. Hospital reform will accelerate.
For full report: https://www.mckinseyquarterly.com/Economic_Studies/Productivity_Performance/Whats_in_store_for_China_in_2012_2925
For a summary of the key events affecting China in 2011 go to http://chindiapedia.org/China2011roundup.aspx
CHINDIA ALERT: You'll be living in their world, very soon 