China’s massive financial stimulus is good for the short term, but the economy needs more structural change, away from real estate, says Shanghai-based business analyst Shaun Rein to CNBC. While it is good Xi Jinping moves away from politics and ideology and turns to the economy, more is needed to restore long-term confidence in the economy by the consumers, he adds.
Shaun Rein is a speaker at the China Speakers Bureau. Do you need him at your meeting or conference? Get in touch or fill out our speakers’ request form.
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