Lardy Says Consumer Contributing to China's Recovery: Video

Oct. 22 (Bloomberg) -- Nicholas Lardy, a senior fellow at the Peterson Institute for Internationa...  More »

Oct. 22 (Bloomberg) -- Nicholas Lardy, a senior fellow at the Peterson Institute for International Economics, talks with Bloomberg's Margaret Brennan about China's economic growth. Lardy says the consumer has contributed "quite a bit" to the Chinese recovery process. Chinese officials may be preparing to reduce monetary stimulus that propelled growth to 8.9 percent in the third quarter and led the world out of recession. (Source: Bloomberg)  « Less