, Columnist
The Bull Market for Bad China Economic News Is Thriving
The bigger you get, the harder it is to keep posting numbers so much better than your peers.
Slowing down.
Photographer: Qilai Shen/BloombergThis article is for subscribers only.
It looked like a typo — worth trillions. An august multilateral body, the type not prone to go out on a limb, projected that China’s economic growth would slow to just a bit less than the US. It put the expansion in the range of 2% or a touch below in the long run. By that, the OECD meant in coming decades. The wide timeframe didn't detract from the power of the message.
Pity people didn't pay more attention.