Pandemic adds to challenge of transition from rapid growth to quality growth
People walk on the Bund in Shanghai in July 2019. The younger generation's disinterest in consumption, marriage and raising children has been a key factor in the overall slowing of Chinese consumption growth. © Reuters
Zhu Ning is deputy dean of the Shanghai Advanced Institute of Finance at Shanghai Jiao Tong University and a professor of finance there. He is also the author of "China's Guaranteed Bubble."
It should have come as no surprise that China's economic growth would eventually slow down.
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