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China Is Running Out of Cheap Growth

Daniel Rohr, CFA

This article is the second in a series on China’s next 10 years.

Ever since China’s economy began to slow from last decade’s double-digit pace, investors have quarreled over the country’s growth prospects. At various times in the past several years, bulls and bears have each glimpsed apparent victory, only for a reversal of China’s credit cycle to hand narrative momentum to the other side. The long-term outlook remains unsettled, and the debate continues.

Daniel Rohr, CFA does not own shares in any of the securities mentioned above. Find out about Morningstar's editorial policies.