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Financial Insurance

China needs a new economic plan that focuses less on exporting and more on domestic growth, 'Dr. Doom' Nouriel Roubini says

"The old Chinese growth model is broken," Roubini wrote for Project Syndicate, warning that more manufacturing is fueling a supply glut.

By: Business Insider
  • Apr 06 2024
  • 83
  • 8366 Views
China needs a new economic plan that focuses less on exporting and more on domestic growth, 'Dr. Doom' Nouriel Roubini says
China needs a new economic pla
Dr. Nouriel RoubiniTom Williams/Getty Images
  • China will stagnate if it relies on manufacturing and exports to grow, Nouriel Roubini wrote in Project Syndicate.
  • That growth model is… [+2562 chars]

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