China's GDP growth may slip to 5%
Sep-2018
by Arvind Virmani
Long-term sustainable GDP growth rate for China is 4.5-5.5%. Domestic credit bubble burst and the ongoing trade war can drag growth rate down to 5%, says Arvind Virmani, Chairman, EGROW Foundation (Global Imbalances Post Global Financial crisis: China Macro-Adjustments & growth. Paper presented at the G20 Seminar in Amsterdam on September 10, 2018.)
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