China’s economy defies expectations | DW Business
China’s economy has performed better than expected so far this year, with industrial output and retail sales both outperforming forecasts. Despite this, the Chinese government is cautioning that domestic demand remains too low. DW Business speaks with Michael Pettis, senior fellow at the Carnegie China Center and professor of finance at Peking University, about how the country can boost consumption at home and restore its image internationally.
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#china #economy #industrial
Subscribe: https://www.youtube.com/user/deutschewelleenglish?sub_confirmation=1
For more news go to: http://www.dw.com/en/
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#china #economy #industrial
