China's economy enters era of stagnation and disappointment: Krugman

China's economy is headed for an era of stagnation and disappointment, Nobel laureate Paul Krugman wrote. • The country's economic model has been unsustainable for years, given ultra-low consumer spending. • "Let's not gloat about China's economic stumble, which may become everyone's problem." The…

#nobel #paulkrugman #tokyo #beijing #krugman #xijinping