It’s time for China to be honest about the poor shape of its economy

//It’s time for China to be honest about the poor shape of its economy

It’s time for China to be honest about the poor shape of its economy

The truth is out there – all Beijing needs is a clearer picture about China’s future potential and how to achieve it, with so much impending uncertainty. Officials still seem confident economic growth can come in at around the 6 per cent mark this year, although real data trends suggest otherwise. China’s economy is slowing quite dramatically and the government should be quick to admit it.  Beijing seems long on hype and short on reality about what’s really happening to growth. The global…

Article by [author-name] (c) South China Morning Post - Read full story here.

By | 2019-02-18T23:01:59+00:00 February 18th, 2019|Business|Comments Off on It’s time for China to be honest about the poor shape of its economy