CHINA Anyone looking for reasons why the world should care about China’s economy and its propensity to grow at double-digit rates may have found it on Thursday – not in Beijing, but in Paris at the International Energy Agency.
According to the IEA, the country – whose economy expanded by 11.1 per cent in the first quarter – could overtake the US as the world’s largest emitter of greenhouse gases this year or in 2008. This is at least 12 months earlier than its recent estimate of 2009.
