President Xi Jinping elaborated on China’s transition to an economic “new normal” at the APEC summit in Beijing in 2014. Photo: AP

Ignore George Soros’ prophecy of doom; China has its economic situation well under control

Lau Nai-keung says the slowdown is just part of the restructuring process and while a few mistakes are inevitable along the way, it doesn’t mean China is heading for a hard landing

Topic |   China economy

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President Xi Jinping elaborated on China’s transition to an economic “new normal” at the APEC summit in Beijing in 2014. Photo: AP
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