I was in Berlin a few weeks ago and did an interview with Tagesspiegel and wanted to share it in English with readers, as interest in China is so strong these days. I think this Question and Answer session with the journalist Harald Schumann reflects well the questions many Europeans have on their minds...
Der Tagesspiegel Interview by Harald Schumann
November 21, 2011
“Even China has to step on the breaks” // World Bank Chief Economist Justin Yifu Lin about the effect of the debt crisis on the world economy, China’s reserves and the Communists’ flexibility.
Mr. Lin, as a result of the debt crisis in some euro-states, Europe risks to sink back into a recession. What effect will this have on the world economy?