China’s economy to ride out containment efforts by an increasingly anxious US, former official saysUnited States & Canada – South China Morning Post

Source: United States & Canada – South China Morning PostChina is steadily on course for economic expansion and is set to avoid the middle-income trap in coming years, despite the containment efforts by an increasingly anxious Washington, a former Chinese official said on Thursday.According to former vice finance minister Zhu Guangyao, the world’s second largest economy has factored such external challenges into its dual circulation strategy, in which the country will rely more on domestic consumption, technology and innovation for growth.Zhu, who…Read More

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