The AFR’s Angus Grigg writes that it’s all good in China:
So here’s a tip – if you want to form a view on China over the next year ignore the headline economic data and focus on reform. For it is reform and nothing else that will keep growth at elevated levels.
Andrew Baston, the China economist at Gavekal Dragonomics, has identified financial liberalisation, fiscal reform and business deregulation as three “main areas of achievement” so far.