The rest of Asia's hopes for China next stimulus package
Saturday, September 22, 2012 at 12:02AM
Thomas P.M. Barnett in Asian integration, China, Citation Post, Japan, Koreas, economy

Turns out China's one-party state is pretty predictable in its spoils system:  new leaders get in, investment boom follows, and you can bet the best connected princelings clean up.

So while the US resorts to QE3, the world waits and hopes for China's pattern to continue.  The biggest hopes for this path are located in Asia, where China's economic slowdown is causing the same for South Korea and Japan.

The Asian Union integration process has already begun.  Memberships were offered and accepted in the form of FDI flows and absorption into China's vast processing trade networks.  

Asia sinks or swims together, which makes for a new burden for China regarding leadership transparency (where in the world was/is Xi?), because Beijing's decisions matter far beyond China's borders.

Article originally appeared on Thomas P.M. Barnett (https://thomaspmbarnett.com/).
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