China Needs Consumption More Than Investment

China Needs Consumption More Than Investment Play

Sept. 11 (Bloomberg) -- Chetan Ahya, a Hong Kong-based economist at Morgan Stanley, talks about China's economy. China’s new lending was the highest of any August on record as the government tries to reverse an economic slowdown that threatens to cost jobs and undermine support for the Communist Party. Ahya also discusses India's economy with Rishaad Salamat on Bloomberg Television's "Asia Edge." (Source: Bloomberg)

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