An analysis of China's economic challenges and the speculation surrounding President Xi Jinping's absence from the G20 summit, discussing the transition to a high-tech economy and the reduced importance of the property sector in GDP, with the conclusion that it is a speed bump, not a crisis.
As China transitions from an industry-based economy to a high-tech one the country also is dealing with a troubled real estate market. Asia Times columnist David Goldman provides valuable insights regarding China's trade impact and its future role in the global economy. Get the facts first on Morning Wire.