Why growth in China is unlikely to slow too far and why it needs to save less and spend more

Why growth in China is unlikely to slow too far and why it needs to save less and spend more   Key points China’s economy is slowing but not collapsing as the services sector holds up. A further slowing is likely in the short term, but policy stimulus is likely to see growth improve in the second half, giving 2019 growth of 6.2%.   Concerns about China’s rapid debt growth are overstated given it reflects …