Just back from another trip to China, leading economist Jim O’Neill believes the world’s second biggest economy is in good shape

Jim O’Neill, the creator of the BRICs acronym and former Chief Economist at Goldman Sachs, argues that China’s slowing growth rate is part of China’s plan to put its economic growth on a more sustainable trajectory. Writing in The Daily Telegraph shortly after his trip, he concludes that “while China’s slower growth is for real, most of it has occurred as a result of government policies as part of their shift to focusing on a better quality of growth and not just growth for the sake of it.” Read Jim’s full article here: http://www.telegraph.co.uk/finance/comment/10205197/China-is-not-due-a-hard-landing.html

 

Global Economy & Finance