Economy slows, but not falling off the cliff – Arthur Kroeber

China’s economy shows a slight slowdown, and some economists predict it is the beginning of the end of China’s growth story. Not true, says economic analyst Arthur Kroeber in the New York Times. Despite a dreadful European economy, China is doing ok.

The New York Times:

“It all looks pretty robust, I have to say,” Arthur Kroeber, the managing director of Dragonomics, an analytics firm in Beijing, said by telephone. “Export growth has been slowing and we’ll expect that to continue because Europe is just dreadful, and that’s China’s best export market. But even with those kinds of negative factors in the mix, the basic structure of the economy is still O.K.

“Things are slowing. But they’re not falling off a cliff.”…

Mr. Kroeber said his firm believed that annual growth in 2012 could cool to as little as 8 percent.

More in the New York Times

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More on Arthur Kroeber and China’s economy at Storify.