How to View China’s Current Economic Situation

China’s economy has shifted to a slow gear, having a bigger impact on those resource-exporting countries which highly depend on China’s market, but having no remarkable impact on European and the US economic growth. In particular, China’s slow economy is not the “culprit” of the recent US stock market slump, which was caused by the American market’s own problems.

Niu Li, Director of Macro-economy Studies, State Information Center via CHINA US Focus http://ift.tt/1KeGZON