June 14, 2014 – News Today

‘Latecomer advantage’ means eight-per-cent annual growth is sustainable, top Chinese economist says

As the former chief economist for the World Bank as well as one of China’s preeminent economists, Justin Yifu Lin has no shortage of analysis and opinions on global trade and finance. And many of his views can be described as unconventional — if not controversial — from the Western perspective. Lin visited Vancouver this week to accept an honorary degree from the University of B.C. In his view, China will likely continue its “economic miracle” despite what he described as the West’s continuous anticipation that the booming Chinese market will lead to an inevitable bust. Read More