Character Equality Of Another Growth Recipe..?

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Character Equality Of Another Growth Recipe..?

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I would appreciate it, if anybody could help me with this. What does the last sentence mean? Especially the underlined part? Thanks a million.

Basically, it indicates that we had major imbalances build beginning in the turn of the century where the took its consumption share of GDP to an unheard of 72 percent. At the same time, under consumed, over saved and drove its growth engine by a combination of extraordinarily unprecedented powerful increases in exports and fixed investment. And I think it's fair at the G-20 to raise questions about the character equality of another growth recipe for the world, post-crisis, rather than just focus on growth itself.

Oct 06 2009 10:05:21

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I could be wrong, but I take it to suggest that the Chinese plan for growing its GDP has proven itself to be effective, and the world would do well to consider it as a way to the future. Those who think there's anything immoral about it (of bad character) should think again.

Oct 06 2009 10:19:50

It's hard to help you when I am having trouble understanding the paragraph. Some of the sentences are long and have too many words which made the meaning difficult to understand precisely.

Basically, it indicates that we had major imbalances build beginning in the turn of the century where the U.S. took its consumption share of GDP to

an unheard of 72 percent .....

Oct 06 2009 10:37:11

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Thank you very much, although I'm still a bit confused.

Oct 06 2009 13:19:58

nancy001 And I think it's fair at the G-20 to raise questions about the character equality of another growth recipe for the world, post-crisis, rather than just focus on growth itself.

Following the economic crisis, the G-20 should consider an alternative plan for improving the world economy, rather than simply focusing on economic growth. Specifically, the Chinese model is very promising, and the G-20 should seriously consider it as a plan whose "good character" is equal to that of more traditional models, eg., that of the US.

Oct 06 2009 21:01:16

I think I finally got it. Thanks Avangi.

Oct 07 2009 07:38:26

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I think I finally got it. Thanks Avangi.

Oct 07 2009 07:38:55

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I could be wrong, but I take it to suggest that the Chinese plan for growing its GDP has proven itself to be effective, and the world would do well to consider it as a way to the future. Those who think there's anything immoral about it (of bad character) should think again.
It's hard to help you when I am having trouble understanding the paragraph. Some of the sentences are long and have too many words which made the meaning difficult to understand precisely.

Basically, it indicates that we had major imbalances build beginning in the turn of the century where the U.S. took its consumption share of GDP to

an unheard of 72 percent .....
nancy001 And I think it's fair at the G-20 to raise questions about the character equality of another growth recipe for the world, post-crisis, rather than just focus on growth itself.
Following the economic crisis, the G-20 should consider an alternative plan for improving the world economy, rather than simply focusing on economic growth. Specifically, the Chinese model is very promising, and the G-20 should seriously consider it as a plan whose "good character" is equal to that of more traditional models, eg., that of the US.

Character Equality Of Another Growth Recipe..?

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