August 17, 2018

Recent external pressures, a general global trade malaise and bold new domestic reforms are putting some extraordinary pressures on China's economy, but economists say positive indicators far outweigh the negative ones and predictions of doom and gloom will soon be prove wrong. 

Analysts say people and prognosticators should be more prudent and optimistic as the economy remains strong and resilient.

"Every country's economy has cycles and can't continuously grow at a fast rate. The outside world shouldn't be pessimistic about China's economic development just because growth is slower than during the miracle China had achieved over the past 30 years," said Wan Zhe, chief economist of the International Cooperation Center of the National Development and Reform Commission.

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http://www.globaltimes.cn/content/1115787.shtml