Welcome to Rye Country Day's Economic Blog. Here you will find perspectives by students taking Economics at Rye Country Day School. It is meant to be a forum where students can openly express their ideas and take positions on relevant economic issues. I urge everyone to participate in presenting their own ideas in an open manner so that we can all learn from each other. Regardless of whether you are currently taking Economics, everyone is invited and encouraged to comment on articles and get involved. Feel free to e-mail me, Alex Osborne at alexander_osborne@rcds.rye.ny.us , with comments or suggestions.

Wednesday, January 10, 2007

Featured Entry - China’s Surge Raises Fears


China’s 11.3 percent growth is making other nations fear a “hard landing” and they are encouraging China even more to lift the value of its currency (the yuan). I am wondering about the articles suggesting though- is it possible for a country to grow rapidly without inflation? China has grown more now than ever before and they are on the way to reaching the 1 trillion mark, and have also surpassed Britain in economy size. China has avoided all major downfalls so far, so to me this means they must be doing something right. Instead of trying to change China, maybe we should try to learn from them.

-Hayley O'Neil

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