a day ago
Goldman's Shan on China Economy, Anti-Involution
Goldman Sachs' Hui Shan discusses the Chinese economic situation as President Xi Jinping's "anti-involution" campaign aimed at curbing aggressive competition in the country is underway. "Put it very simply, this is a bit of a contractionary policy," she says, adding that PPI figures are more important than CPI numbers for a "more timely measure of a turning point." Hui Shan speaks on Bloomberg Television's "The China Show." (Source: Bloomberg)
