WHY CHINA'S ECONOMY ISN'T REALLY BULLET-PROOF

October 27, 2009-- Newsweek

Beijing has won respect for steering China safely through the global economic crisis -- but the country's leaders aren't the brilliant economic managers they're often portrayed to be, writes Rana Foroohar. Experts say that while China is currently thriving thanks to massive state investment, slowing free-market reforms and a lack of innovation could still send the Chinese economy into a tailspin.