Chinese slowdown has nothing to do with trade wars

In this interview at CNBC we discuss the slowdown in China.

China just announced the weakest growth in 30 years. A range of 6-6.5% -if achieved-, and implements the largest tax cut in history, $298 billion (positive)

The main issues:

  • Without lifting capital controls, effects could be poor.
  • The Government does not address its high debt or overcapacity issues.

About Daniel Lacalle

Daniel Lacalle (Madrid, 1967). PhD Economist and Fund Manager. Author of bestsellers "Life In The Financial Markets" and "The Energy World Is Flat" as well as "Escape From the Central Bank Trap". Daniel Lacalle (Madrid, 1967). PhD Economist and Fund Manager. Frequent collaborator with CNBC, Bloomberg, CNN, Hedgeye, Epoch Times, Mises Institute, BBN Times, Wall Street Journal, El Español, A3 Media and 13TV. Holds the CIIA (Certified International Investment Analyst) and masters in Economic Investigation and IESE.

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