BizBeat: Krugman's China analysis: Correct, but for the wrong reasons

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In an article titled "China's Future Isn't What It Used to Be," economist Paul Krugman claimed that long-term projections for Chinese economic growth are being revised downward, without providing data or conducting any on-site inspections. However, CGTN's Zheng Junfeng argues in this episode of BizBeat that China's economic growth indeed "isn't what it used to be," as it shifts away from speed in favor of quality and equality.