The latest data from China signal a slowdown of the economy. Is this the hard landing, economists have been predicting? No, says business analyst Shaun Rein in CNBC. This is exactly the scenario the central government has been wanting to see.
Shaun Rein is currently on a book tour in the US, promoting his book The End of Cheap China: Economic and Cultural Trends that will Disrupt the World. More on Storify.
- Expect more inflation – Shaun Rein (chinaspeakersbureau.info)
- Pollution, food safety haunt China consumers – Shaun Rein (chinaspeakersbureau.info)