China May Not Overtake America This Century After All

With the recent decades of surging progress from China, many believe that they could be running out of steam. The government may even be slowing the natural expansion as they are trying to dial down the speed of expansion, in hopes that they can avoid a boom-bust cycle that most of the western nations are trapped in. With aims of a moderate 7 percent growth, the explosive expansion, through limiting the possible investment, may be winding down on purpose. But other argue that the economic engine is just running out of juice and that the government’s attempts at reducing the growth rates to moderate levels are just a guise.