Funded by cheap credit and government spending, Bonner foresees an impending war ahead between the zombies — people who take money from the productive sector of the economy and transfer it to themselves — and the productive parts of the economy.
Clean energy companies in other countries will have equal access to China's burgeoning clean energy market, US envoy says after talks.
China's manufacturing sector marked its biggest fall in three years amid eurozone woes and a weak US economy. But China appears unlikely to focus on boosting domestic consumption, which could help other countries.
Commerce Secretary John Bryson said the officials told him Monday the country will invest $1.7 trillion over the next five years inclean energy and other emerging technologies. He said they pledged a 'level playing field for US and other foreign suppliers.