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In his April Economic Outlook, American Enterprise Institute (AEI) economist John Makin assesses the risks the world faces as a result of China’s slowing economy. With the coming transition in Chinese leadership, it is unlikely that the world's second largest economy will alter its policies to stimulate growth. As a result, the whole world may feel China's pain.
China is heading for a hard landing in 2012 or 2013 for three reasons: Excess capacity tied to overstimulation of investment in export industries and weak domestic demand growth, a bursting speculative bubble in its real estate sector, and a sharp slowdown in global growth.
An article in the International Business Times shows that China continues to hit the brakes on the exports of rare earths.
China's new leadership is threatening to stay content with slower economic growth, and the country's manufacturing, housing, and export sectors are experiencing problems. Nonetheless, China has an opportunity to influence economic growth in 2012 through stimulus measures to its own economy.
With 100,000 patients dying every year from dangerous medicines, it is time to take concrete actions. Establishing a treaty against fake medicines should be the first step.
Tokyo is expected to announce Friday that it will buy America's F-35 Joint Strike Fighter (JSF), the clearest statement yet that Japan will not be left behind in Asia's arms race.
The Japanese military is emerging from decades of pacifism. But do the country's political leaders have the vision and the will to make the country strong again?
Why doesBeijing have so much troublestopping the exportation of dangerous drugs?









