China in danger of overheating

The Chinese economy has had strong growth over the past few years. China"s entry into the World Trade Organisation (WTO) has seen an increase in the flow of money to the country. It also remains an important place for companies to outsource their manufacturing operations. But, there are now concerns that the economy is becoming overheated. The central bank is set to raise interest rates and has begun to loosen certain exchange control regulations to allow more money to be taken out of the country. According to Michael Watt, director of Pacific Investment Trusts at Henderson Global Inve...