Monday, February 17, 2014

China Growth: 3% Is Optimistic

I wholly agree with Pettis: growth in China must and will slow. This IS the bull case for China. No slowdown means continued 20% credit growth and investment spending and eventual disaster. Best case is steady deceleration towards 3%, but the risk is significant that there will be an "accident" as that happens. 

The impact of reform on growth
http://blog.mpettis.com/2014/01/the-impact-of-reform-on-growth/


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