Monday, January 25, 2016

China's economy has been slowing down for years — but it's still growing like it's 2007

China started 2016 with mini stock crashes and a currency devaluation.

Ever since, people have been extra-worried about the slowdown of the Chinese economy.

Or, more accurately, people have been worried about what slower Chinese growth would mean for the rest of the global economy.

However, Capital Economics' Julian Jessop argues that much of the recent panic over China looks "increasingly over done."

In a recent note to clients, he outlined three key points that fear-mongers have glossed over .... http://www.businessinsider.com