Media Inquiries: Véronique Rodman

vrodman@aei.org | 202.862.4870

FOR IMMEDIATE RELEASE: August 6, 2009

In his latest Economic Outlook, AEI economist John Makin questions the sustainability of China's government-created and manipulated boom. He warns that it could lead to many economic risks, including inflation at levels that could threaten China's stability.

Makin explains that in an effort to get total spending to match their ambitious growth target, China's policymakers have allowed a rapid surge of money and credit, overruling China's central bank's concern about bubbles and its wish to rein in rapid money growth.

Click here for "China: Bogus Boom?": http://www.aei.org/outlook/100061.

John Makin is available for interviews and can be contacted at jmakin@aei.org or through Denise Linden at dlinden@caxton.com (212.303.6151). For all other media inquiries, please contact Véronique Rodman at vrodman@aei.org (202.862.4871) or Sara Huneke at sara.huneke@aei.org (202.862.4870).

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