China

China is definitely the world’s number two in terms of economic size. Having finally overtaken Japan and with only the United States in front of it, you’d think it’d be something to celebrate. However, and wisely so, the Chinese government and many Chinese themselves are taking it somberly and even concern, as this BBC article describes. Runaway growth looks good on paper and for economists, but it doesn’t come without problems and there are many who don’t benefit. In a change from many China articles, this one focuses on Wuhan, a massive city of 6 million with an illustrious past and a vital economic and industrial role in the present.

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