The Food Futurist Christophe Pelletier: China is Evolving-A Look Towards Future Consequences

摘要

Recently, interesting economic news has come from the Empire of the Middle. On the one hand, financial markets reacted worried on the softening of the Chinese economy, but on the other hand they reacted rather positively about the first corporate debtdefault allowed in the country. To me, all of the above is good news. If financial markets get a bit nervous for a few days, then so be it! It cannot be a complete surprise that at some point the growth of the Chinese economy would slow down. Double-digit growth cannot last forever, and growth cannot keep going on a straight line without some corrections along the way. If markets are worried about a growth of 5% for China, then how will they react when China lands into a recession, at it surely will happen at some time?