Possibility of World Slump if Government Stimulus Withdrawn

China warns that current economic data is not as rosy as it seems. The economy still faces with many challenges, including high unemployment, weak investment and consumption, rising commodity costs and fluctuating currencies. These challenges, if not taken into consideration, will cause the global economy to face yet another recession in 2010 or 2011. However, governments around the world would be faced with other long term problems such as inflation, government deficits and protectionism.