Chinese Slowdown Has Nothing To Do With Trade Wars

 

In this interview at CNBC, we discuss the slowdown in China.

China just announced the weakest growth in 30 years. A range of 6-6.5% -if achieved-, and implements the largest tax cut in history, $298 billion (positive).

The main issues:

Without lifting capital controls, effects could be poor.

The Government does not address its high debt or overcapacity issues.

Disclaimer: All opinions expressed in the books, interviews and articles by Daniel Lacalle are strictly personal and do not reflect the strategy or philosophy of any specific firm.

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