China’s economy will continue to slide for some time in 2016, and the overall growth rate will be even lower than in 2015. However, the economy’s fundamental sectors portend a steady growth rate of 6.5-6.8%, depending on the progress of the reforms and restructuring, and on the developments of world economic situation. In any event, a major slump or “hard landing” seems out of the question.

While Zhang Monan acknowledges there are problems facing China’s economy, she points out that a new perspective is key to understanding the future of China as it will take time for analysts to realize the “new normal” of the Chinese growth model.

Qi Jingmei reports that China’s economy is expected to continue grow in the second half of the year, possibility reaching the full year GDP target of 7.5%. Jingmei remarks on the “favorable factors” of economic growth- citing global economic recovery and central government policies, as two ways to stabilize and promote Chinese economy.

In the wake of the news that China’s economy grew 7.5% in Q2, Gordon Chang throws up the warning flags and argues that there exists a very real threat of a “Minsky moment” for China. Additionally, Chang states that the Chinese economy will more than likely continue to expand in the future, but this is not a positive sign.

As the Chinese government has given up its large-scale economic stimulus, China’s economy and demand will not grow rapidly, writes Ding Yifan.