Faculty News
Professor Michael Spence's recent remarks on China's consumption are featured
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Excerpt from Bloomberg -- "The baton has been passed from investment to consumption, according to Michael Spence, the Nobel laureate and economics professor at New York University’s Stern School of Business. China’s household consumption is increasing to about 50 percent, and that’s supporting relatively high-speed growth, he said in a speech in Beijing on Wednesday."
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Additional coverage appeared on Bloomberg.
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Additional coverage appeared on Bloomberg.