China Beige Book Co-Founder and CEO Leland Miller joins Yahoo Finance to discuss U.S.-China relations as well as the challenges the Biden administration has in its policies toward China’s economy.
“This is an economy that’s going to be growing much, much more slowly. I think the mistake investors have been making for several years now, is they’ve gotten very bearish cyclically, they were too bearish over the summer, but they’re not bearish structurally…,” Miller says. “China is going to be slowing down 5%, 4%, 3%, we’re going to be seeing much, much slower growth than that growing forward.”
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