China’s New Challenge – The Dangers Of De-industrializationMani
Though the pace of expansion in the services sector in China has remained strong in recent years to combat the slowdown in the industrial sector, analysts at HSBC suggest such a re-balancing may slow the country’s productivity catch-up in the medium term. In their July 21 research piece titled “China’s new challenge,” Qu Hongbin and Jing Li forecast 6.7% GDP growth in 2016 for China and said they believe worries about the country’s sharp slowdown are overblown.
China’s services growth . . .
This content is exclusively for paying members.
If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.