Category: Economic Indicators

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China’s Economy Is In “Long-Term Decline” And Growth From 2020 Will Be Increasingly Dependent On Foreign Capital, According To Morgan Stanley

China will likely become more reliant on foreign capital as the country looks set to enter into years of shortfall in its current account, Morgan Stanley predicted in a report. “The economy’s current account is in long-term decline and the future growth of the economy will be increasingly dependent on foreign capital,” said the investment bank in a report on Tuesday.