China Economy Lecture Featuring Arthur Kroeber - Has China's Economy Hit the Wall? - YouTube |
add China Economic Growth Outlook
Prediction
As per Arthur R. Kroeber is the founder of Gavekal Dragonomics: China under Xin Jinping is pursuing a economic path that favors austerity rather than fiscal stimulus, whose goal is to focus, develop and upgrade its technology capabilities, rather than foster big internet platform companies who tends to create more wealth gap between people. China is pursuing an economic-disciplined path that is closer to Germany and Singapore rather than US.
Mr Shi Qiping, economic expert in Phoenix TV, also stressed Keynes (use lex monetary and fiscal policy to to stimulate economy) vs Hayek (focus on economic austerity and discipline) as fundamental question facing world economies.
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