In a recent company newsletter, Adam Roseman of ARC Investment Partners explained that although the country’s export levels have dropped, China’s economy is continuing to thrive despite the global economic crisis.
According to David Cohen of Action Economics, “Growth has decelerated in the face of the global soft patch in export demand and the weight of tightening.” He added that the government will be able to “achieve a soft landing, tightening enough to prevent inflation from getting out of hand but at the same time allowing continued growth.” China’s central bank has also stated that the fundamentals of economic growth are still good.
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