# In an op-ed, Prof. Viral Acharya discusses the global impact of China's economy

1 Faculty News February 23, 2014 ![Livemint logo](/sites/default/files/styles/246w/public/assets/images/livemint%20feature.jpg?itok=nIqY0pI_)>

Excerpt from [Livemint](http://www.livemint.com/Opinion/7ooRLb7GG5K3eWc38Lts3O/The-coming-Chinese-sneeze.html) -- "The Chinese stimulus of the past five years has been a big driver of the global rebound from the abyss of fall 2008. As the stimulus subsides and the Chinese government looks for a shift from investment-driven growth to consumption-driven growth, the rest of the world cannot escape a difficult adjustment."

[Read more](http://www.livemint.com/Opinion/7ooRLb7GG5K3eWc38Lts3O/The-coming-Chinese-sneeze.html)