A reality check on China

Amid the breathless reporting on the Chinese economy in January a widely quoted fact was that growth “had slowed last year to the weakest pace in 25-years”. This note places China’s recent growth performance in an historical perspective. As we will see in this analysis, Chinese economic growth has been quite cyclical in the past. Across these cycles, moreover, growth has been structurally slowing for some time – and it should continue to slow. That said, China’s contribution to global GDP growth remains quite substantial, and it should be well into the future. - To read more click here: (VIEW LINK)