Jim O’Neill, chairman of Goldman Sachs Asset Management, said China’s inflation “won’t be a problem” in the second half of this year and the government will stop tightening policies as price gains moderate.
“China’s economy is probably slowing down more than people realize,” O’Neill, who oversees $677 billion of assets and coined the acronym BRIC for the economies of Brazil, Russia, Indiaand China, told reporters in Hong Kong today. Chinese stocks may have a “big rally” in the second half if his assessment is correct, he added.



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