Nov 3, 2011

China Must Grow At 8% A Year To Maintain Social And Political Stability

He says China must expand 8 percent a year just to keep enough people employed to "maintain its social and political stability. - in FDL Reporter

Ticker, iShares FTSE/Xinhua China 25 Index ETF (FXI)

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.