One day after the record-breaking Single´s Day, for business analyst Shaun Rein it is clear the economy is gong strong, he tells Bloomberg in a podcast. The shift from investments to consumption, the plan of the government, is really happening he says.
He disagrees with the move of the government to fix GDP growth on 6.5%. That is a poor choice, he says. The economy is going strong already, and it might force the government to push out new investments, while they are actually not needed, when the government would not be fixated on its GPD percentage.
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