Gao Shanwen, chief economist from Essence Securities, says China must address systemic risk to sustain growth above 5 per cent. Photo: Handout
China could struggle to keep growth above 4 per cent over next decade, warns prominent economist
- Beijing must address China’s ageing population, debt levels and falling investment over the next few years to sustain growth above 5 per cent, says Gao Shanwen
- Gao, a frequent critic of government policies, says unsustainable investment and accrued risks from stimulus policies pose threat to economy
Topic |
China economy
Gao Shanwen, chief economist from Essence Securities, says China must address systemic risk to sustain growth above 5 per cent. Photo: Handout
