Economic fundamentals are still in place – Arthur Kroeber

Arthur Kroeber
by Fons1 via FlickrWhile China’s growth might take a hit, its fundamentals are still in place, says economic analyst Arthur Kroeber in Time.

“People who don’t follow China on a regular basis can miss some of the underlying drivers,” says Kroeber, who runs the consulting firm Dragonomics.

Kroeber spells out three of those fundamentals.

• Because of China’s one-child policy, famlies have more to spend than families elsewhere who have to raise more children.
• New technology is offering a huge boom.
• Urbanization, 15 million people moving to cities each year, is an enormous boom for investments in infrastructure as roads, bridges and hospitals.

More in Time.

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Arthur Kroeber is one of the eminent economists represented by the China Speakers Bureau. If you are interested in having him as a speaker, let us know.