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
Gao Shanwen, chief economist from Essence Securities, says China must address systemic risk to sustain growth above 5 per cent. Photo: Handout