Workers leave a construction site in the central business district in Beijing. Has China played a disproportionate role in reshaping the world economy? Chinese rebalancing suggests that this may well be the case. Photo: Reuters

The global economy is growing again, but there’s nothing normal about this recovery

Stephen Roach says the world economy has radically changed from eight years ago, with dynamism in the developing world today far eclipsing growth in the advanced economies. This raises several questions, not least the role of China

Topic |   China economy

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Workers leave a construction site in the central business district in Beijing. Has China played a disproportionate role in reshaping the world economy? Chinese rebalancing suggests that this may well be the case. Photo: Reuters
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