Faculty News
Prof. Michael Spence is interviewed about China's economic growth
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Excerpt from ECNS -- "'If growth dips below 7 percent, the markets will be a little scared, but the reason is either they don't have the information or they don't process it to be able to tell whether it's a transition or a trend. 'A trend means the economy keeps going down. A transition means it's a low, and growth will return with a more sustainable pattern,' Spence said during an interview on the sidelines of the Jinjialing Fortune Forum 2014 held in Qingdao, Shandong province, on June 21."
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