GDP growth means something fundamentally different in China than in most countries.
Michael Pettis
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Although Japan's Fukushima reactors have been shut down, their fuel rods still need to cool down, so that the remaining water meant to cool the core does not boil and expose the radioactive rods.
Source: CBC Radio

Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.
GDP growth means something fundamentally different in China than in most countries.
Michael Pettis
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Michael Pettis