by Fons1 via FlickrChina’s consumer spending is going strong and the country is heading for a soft landing from its economic troubles in six months from now, says Shaun Rein, managing director of the China Market Research Group in Shanghai in an interview with China Radio International.
Despite all gloomy predictions, consumer spending in China keeps on going strong. Compared to the US its influence on the overall economy is still limited, but when new government policies kick in in six months time, Rein expects a soft landing of the Chinese economy, while the US and Europe are heading for a prolonged recession.
Tune in for CRI for the wide-ranging interview.
Shaun Rein is a speaker at the China Speakers Bureau. If you are interested in having him on your board meeting, conference or panel, do get in touch.