Eversheds’ Asia managing partner comments on the latest China economic growth forecast
Stephen Kitts, Asia managing partner at Eversheds, has commented on the latest China economic growth forecast, stating that the short-term dip in demand is no bad thing over the long run.
He said: ‘There are significant changes happening in China as the new leadership gets to grips with a long-term plan for sustainable growth and investment.
‘A short-term flattening of demand and slower growth may actually be no bad thing if in the long run it results in an economy that is built on robust foundations with a capacity to invest both in China and the international markets.’
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