China economy: Many warning signs are 'flashing red,' professor says

Eswar Prasad, professor of international trade and economics at Cornell University, discusses China's economic outlook for the second half of the year. He says "there hasn't been much good news in this latest round of data, and this has been the pattern for the last few months."

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Eswar Prasad, professor of international trade and economics at Cornell University, discusses China's economic outlook for the second half of the year. He says "there hasn't been much good news in this latest round of data, and this has been the pattern for the last few months.".