Tag Archives: shrinking

Andy Xie: 20% of China’s Economy is Shrinking

According to China Economist Andy Xie, about 20 percent of China’s economy is shrinking and 80 percent is growing moderately. A credit bubble in China’s economy is deflating, leading to weaker growth momentum. Watch the CNBC video by following the link… Detailed insight here… Dr Andy Xie 謝國忠 is Shanghai-based independent economist specialising in China and […]