The authorities can take the protests as a nudge in the right direction
Agreed. I think potential growth can still be 5-6 percent, with the right policies in the short term this is COVID policy and arranging a soft-ish landing in property. In the medium term supply-side reforms need a revamp.
Gotta love how growth "slowed" down to 3%. Meanwhile that's a good year in the US. If they can get consumption up China will be unstoppable
Agreed. I think potential growth can still be 5-6 percent, with the right policies in the short term this is COVID policy and arranging a soft-ish landing in property. In the medium term supply-side reforms need a revamp.
Gotta love how growth "slowed" down to 3%. Meanwhile that's a good year in the US. If they can get consumption up China will be unstoppable