Real. The isn't a statement about exchange rates or currency, it's a statement about the real state of the Chinese economy (even though parent post is definitel

Real. The isn't a statement about exchange rates or currency, it's a statement about the real state of the Chinese economy (even though parent post is definitely about monetary issues). We should expect Chinese growth to average 3% or less in real terms for the next ~decade if Pettis is correct. How's that for a bold economic prediction?