The new leadership in the China may have to cope with a substantial slowdown in the next few years according to Peter Orszag, Citigroup’s vice chairman of corporate and investment banking..
Incoming president Xi Jinping may have more on his plate as a growing body of academic studies warns of lower growth potential, and the IMF sees China reaching the ‘Lewis point’ (where moving workers from agriculture to manufacturing no longer leads to economic gains) between 2020 and 2025
More.. Business Insider
