Skip to content

How weak is China? The real story behind the economic indicators

China’s economy is slowing. But is it still growing? China says yes, with an official growth rate of 6.9 percent in 2015 and a target of at least 6.5 percent for 2016. A CNN poll of industry economists yielded a consensus of 6.5 percent for 2016 as well, and the IMF is clinging to 6.3 percent. But many skeptics aren’t so sure. Barclays won’t go higher than six percent, Citi says five percent, and the ever-bearish Conference Board anticipates growth of only 3.7 percent in 2016, which is equal to its lowball estimate for 2015.

. . .

The full text of this article is available online at:

https://www.foreignaffairs.com/articles/china/2016-01-31/how-weak-china

Published inAll ArticlesArchive
Sydney-based globalization expert Salvatore Babones is available to speak on the Chinese economy (demographics, growth, technology), the Belt & Road Initiative, global trade networks, and Australia-China relations. Contact: s@salvatorebabones.com