China's economy, he acknowledged, is "close to overheating".
The company that operates Fukushima Daiichi, the Tokyo Electric Power Company, said the plant had not been in danger because the fuel rods were never close to overheating, a state that could have led to a new, catastrophic release of radioactive materials.
But the practical impact is far from certain as China's bureaucracy struggles to manage soaring energy demand, rampant pollution, rising inflation and an economy that some analysts say is perilously close to overheating.
But its not all bad for the economy: A firmer greenback makes exports cheaper, and thats helping to suppress inflation at a time when the economy looks dangerously close to overheating.
These impressive expansions survived the recent downturn; while developed economies struggle to find their footing, China, India, and Brazil are closer to overheating.What may come as a surprise to many readers is that Africa has increasingly shared in this growth.
THE economy is "closer to overheating than it has been in a long time", said Eddie George, governor of the Bank of England, on June 16th, after it was announced that the all-items inflation rate had hit 4.2%, its highest level since 1992, and the underlying rate (ie, excluding mortgage-interest payments) had drifted further from its 2.5% target, reaching 3.2% in May (see chart).
Their position is reasonable but interesting, given that the Indian economy will grow nearly 9% this year while Brazilian output may expand at close to 7%; overheating is more of a concern than a demand shortfall.
During re-entry, the lid is closed to prevent overheating of the experiments.
Humans are believed to have lost their fur 2.5 3 million years ago when transitioning from a forest habitat to the open savanna, as an effect of natural selection, since this development made it possible to run fast and hunt animals close to the equator without getting overheated.
But they gave warning that it could not keep up an express-train speed of close to 10% because its economic engine quickly overheats.
