Professor Huang, speaking on China at a Melbourne Institute forum yesterday, said 90 per cent of China's growth now relied on massive bank lending to the state-owned sector, rather than on the government's direct, fiscal stimulus spending.

But that would only work, he said, "until the money runs out", perhaps at the end of next year, when the government would need to look towards "other avenues for growth besides investment".

http://www.theaustralian.news.com.au/business/story/0,28124,25810773-643,00.html

P.S.
kto miał racje ten stawia kolacje..:))..
http://www.youtube.com/watch?v=N8XXcDUrdVk