China’s economy shows no much sign yet of slowing down: expert

A leading China scholar said on Monday that China’s economy does not show much sign yet of slowing down.
The recent depreciation of China’s currency, weak Chinese manufacturing data and a tumble in China’s stock market have given rise to questions into the health of the world’s second largest economy.
But Nicholas Lardy, senior fellow at the Peterson Institute for International Economics, said the concerns are unfounded.

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