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Drive for wealth will keep China growing: economist

Urbanisation, relaxed one-child policy will help; govt must create the right economic conditions, he says
Saturday, August 29, 2015 - 05:50

IN SEARCH OF THE GOOD LIFE: Dr Yuan says Chinese people yearn to be well off, not for themselves, but for their families. If the government creates the right conditions, consumption of goods and services - and growth - will come.


THE strong drive of the Chinese for wealth and a better life for their families will sustain the country's economic growth, a visiting Chinese economist has said.

Yuan Xuya, 56, chief economist of Hong Kong-listed brokerage Central China Securities, was speaking to The

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