Consumers can revive China’s economy, says Kevin Rudd

Davos | China’s economy is not headed for permanently slower growth, says former prime minister Kevin Rudd, who reckons Chinese consumers and businesses can drive faster expansion – if they get their mojo back.

But Mr Rudd also warned that geopolitics could “pull the floor” from underneath China’s growth model, if the recent detente between the United States and China did not last.