Sino File by Cary Huang
China must redirect its state-led capitalism to reverse its downward economic trend
- Although headline growth decelerated in the second quarter, several key activities rebounded in June, with some key indicators surpassing expectations
- However, many economists have warned that the June spike will almost certainly not translate into the beginning of a new upward trend as the gains are not sustainable, writes Cary Huang
Cary Huang is a veteran China affairs columnist, having written on this topic since the early 1990s. He joined the Post in 2004, and was based in Beijing between 2005 and 2013, first as a correspondent and then as bureau chief. He was previously China editor at The Standard from 1992 until 2004.