Tue, Jun 18, 2013, 7:12 PM EDT - U.S. Markets closed
Without doubt, the global growth is slowing, and the general market may go lower, I expect XIN to go lower with the market. I expect China to grow at 3 to 4% on average in the following 10 years if the new leadership does the right thing.
3 to 4%? That's a rate at which even fully developed economies can grow.
The only way Chinese growth could be that sluggish would be if the new leadership did very much the wrong thing.