On the Sidelines of the Boa Forum CCTV interviewed Stephen Roach former Chief Economist for the Asian region of Morgan Stanley.
Chinese lower GDP Growth of between 7-8% represents a structural change of their economy from an industrial economy to a services economy.
A more market based economy, will mean certain defaults in some companies, but not big enough to hamper the health of the Chinese Economy.
Chinese lower GDP Growth of between 7-8% represents a structural change of their economy from an industrial economy to a services economy.
A more market based economy, will mean certain defaults in some companies, but not big enough to hamper the health of the Chinese Economy.
