Friday, June 27, 2014

China headed for a Bumpy Landing

China headed for a bumpy landing. While he doesn't believe China is at risk of a crash, Roubini says growth in the world's second largest economy will probably "surprise to the downside."



He expects Chinese GDP to grow 7% this year then fall to 6.5% next year. It could slow further if policy makers fail to implement structural reforms aimed at making China's economic model sustainable, he added.  in CNN Money read more : http://money.cnn.com/2014/06/11/investing/economy-roubini-risks/



Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Related Posts Plugin for WordPress, Blogger...