Arthur Kroeber |
CNBC:
In addition to the increase in debt, China's missteps this year in the stock market intervention and shock currency devaluation raise questions on the leaders' ability to steer the economy towards growth.
"They have all the ingredients to execute a successful transition," said Arthur Kroeber, head of research at Gavekal Dragonomics. "The question is whoever is making decisions, does he know what he is doing? Leadership wants to execute this in a highly centralized way and we just don't know if that can be done."More at CNBC.
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