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Is (China's) current expansion of industry and development sustainable?
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I'm no expert in economics and I'm more than sure that I mixed up a few concepts in my earlier comments, so rather than giving a muddled answer, I'd advise anyone who is interested in the topic to google for published research online.
A simple search under the terms "China growth sustainable?" produced the following links:
Meanwhile, I observe that naysayers have been talking about China's imminent collapse since
2004, if not earlier. Others have also said that China would go into a tailspin
after the Beijing Olympics. Now, it seems fashionable to wonder what China is really up to in its push to
dethrone the US dollar as the world's reserve currency.
Economics is a dismal science and you'd probably get a different answer from every economist you ask, let alone what you can find in mainstream press.
