might be an idea to stick to a few facts here about china and india
in china
GDP (Nominal) (2007) $3.42 trillion (ranked 4th) GDP (PPP) (2007) $7.099 trillion (ranked 2nd)
GDP growth rate (2007) 11.4% (official data) tipped to drop to 8%
GDP by components, % (2006) Private consumption (36.4) Government consumption (13.7) Gross fixed investment (40.9) Exports of goods/services (39.7) Imports of goods/services (-31.9)
a fair bit of china's demand (some 60%) is based on the domestic economy
it is too simplistic to say china's growth was based on credit in the US.
