Doomsayers underrate economy's resilience

Economy | Ed Zhang

Poor economic performances brew discouraging forecasts. So there have been quite a few scenarios for China's setback in 2014, based on its slowdowns in January and February.

Indeed, the country would be in deep trouble - if its size were limited to that of Sichuan province and Chongqing municipality (equivalent to France), or if all its business activities were centered on the Shanghai Stock Exchange.