The world is now going to witness a new golden era in Asia with the opening of the Asian mind

摘要

China's economic growth has slowed to 7.5 percent, India's to 5 percent. Other Asian economies are following suit. So is the Asian growth story over? Many Western economists think so. Paul Krugman captures this new Western perception with his blunt comments: "China is in big trouble.... You could say that the Chinese model is about to hit its Great Wall, and the only question now is how bad the crash will be."