China certainly experienced a turbulent summer, owing to three factors: economic weakness, financial panic, and the policy response to these problems. But none on its own would have threatened the world economy. The assumption that China is now the global economy’s weakest link is highly suspect.
Anatole Kaletsky Chief Economist and Co-Chairman, Gavekal Dragonomics via CHINA US Focus http://ift.tt/1ZPvYhn
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