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The momentum behind China’s economic rebound remains strong. But underpinned by recently announced economic indicators of the third quarter, the quality of the economic growth has been somewhat worrying. Driven mainly by credit, the economic upturn has fueled inflationary risks. Hu Yuyue, Director of the Securities and Futures Institute of the Beijing Technology and Business University, shared his opinions on these issues in an article recently published in the Shanghai Evening Post. Edited excerpts follow:
The momentum behind China’s economic rebound remains strong strong. But underpinned by recently announced economic indicators of the third quarter, the quality of the economic growth has been somewhat worrying. Driven mainly by credit, the economic upturn has fueled inflationary risks. Hu Yuyue, Director of the Securities and Futures Institute of the Beijing Technology and Business University, shared his opinions on these issues in an article recently published in the Shanghai Evening Post. Edited excerpts follow: