George Soros on China

How China decides to approach the tension it faces between sustaining rapid economic growth and amassing a major debt burden represents the key global issue facing the world today, says hedge fund legend George Soros, chairman of Soros Fund Management.
"The major uncertainty facing the world today is . . . the future direction of China," he writes in Economia.

"The growth model responsible for its rapid rise has run out of steam. That model depended on financial repression of the household sector, in order to drive the growth of exports and investments."

http://www.moneynews.com/StreetTalk/George-Soros-China-Global-growth/2013/12/31/id/544572#ixzz2pBA7iACn