Home / China

Ex-PM rejects 'China collapse' theory

By Xinhua in Shanghai | China Daily | Updated: 2015-04-24 07:31

Former Australian prime minister Kevin Rudd rejected the "China collapse" theory on Wednesday and expressed optimism for the Chinese economy.

Speaking in Shanghai at the launch of his latest research report, "US-China 21: The Future of US-China Relations under Xi Jinping", Rudd said China's annual economic growth is forecast to be above 6 percent during the next decade, and China has enough fiscal and monetary policy tools to ensure annual growth above 6 percent.

Against a backdrop of economic slowdown, he said predictions of a China collapse have arisen, but he does not share that view.

Ex-PM rejects 'China collapse' theory

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349