The CEO of Goldman Sachs, Lloyd Blankfein talks about his belief that the long term outlook for China is positive

Livewire
The CEO of Goldman Sachs, Lloyd Blankfein talks about his belief that the long term outlook for China is positive. Blankfein, who has just returned from a trip to China says the big themes he saw were 1) growth in entrepreneurial activity 2) less pollution and 3) curbing corruption as they seek more measured growth. I continue to believe that the long term trajectory of China is up. And the steepness of that upward movement is going to shift from time to time. It's not going to be a straight line. I can't be sure that 2014 or 2015 is going to be China's year. But I have no doubt that this will be China's century. (VIEW LINK)
Welcome to Livewire, Australia’s most trusted source of investment insights and analysis.
To continue reading this wire and get unlimited access to Livewire, join for free now and become a more informed and confident investor.

3 topics

Livewire News brings you a wide range of financial insights with a focus on Global Macro, Fixed Income, Currencies and Commodities.
Expertise
No areas of expertise

Livewire News brings you a wide range of financial insights with a focus on Global Macro, Fixed Income, Currencies and Commodities.
Expertise
No areas of expertise
Please sign in to comment on this wire.