Chinese Economy in 2016: No Prospect of A Major Slump

China’s economy will continue to slide for some time in 2016, and the overall growth rate will be even lower than in 2015. However, the economy’s fundamental sectors portend a steady growth rate of 6.5-6.8%, depending on the progress of the reforms and restructuring, and on the developments of world economic situation. In any event, a major slump or “hard landing” seems out of the question.

He Weiwen, Co-director, China-US/EU Study Center, CAIT via CHINA US Focus http://ift.tt/1KR5emZ