lundi 20 octobre 2014

China Growth May Slow Sharply From 2020: Conference Board

China’s economic growth will slow to about 4 percent annually after 2020 following decades of rapid expansion, according to the Conference Board.China faces a “deep structural slowdown and broad uncertainty” in the decade ahead, the New York-based research group said in the report yesterday.

China’s development model, based on state direction of capital and growth-fixated monetary policy, generated “deep seated” risks and imbalances, it said. 

Read more: “The course of China’s growth has always harbored the potential for deceleration at least as rapid as its acceleration”

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