Wealth management products

Billionaire investor George Soros speaks at the World Economic Forum in Davos. Photo: EPA

Interview with George Soros

t is going to be a very difficult transformation, because the household consumption is only 1/3 of the Chinese economy. Exports and investments are 2/3. The growth of 1/3 cannot make up for the slower growth in the 2/3. Therefore, the overall growth rate will have to be significantly slower than it has been up to now. That is a very important point.