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Economy 'no house of cards'

China Daily | Updated: 2013-07-05 07:21

As the Chinese economy edged into bear-market territory, analysts across the world have been beside themselves to be the first to say 'I told you so'.

It was always known that there would come a point where economic development would slow and the need for restructuring the economy would become paramount.

Despite the doom and gloom that resurfaces sporadically, there are signs which show this complex system, built over the last three decades, is significantly more robust than commentators give credit for, it is much more than a house of cards built on shaky foundations.

Economy 'no house of cards'

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