Using the article below, write a essay which you think presents the author’s perspective persuasively while also showing opposing views clearly and fairly, and, in two paragraphs, explain why you think the author demonstrates good critical thinking. In your first paragraph, summarize the author’s controlling idea – the article’s thesis or “bottom line – and the main supporting points, quoting directly from the article. In your second paragraph, explain why you believe the author demonstrates good critical thinking, and whether the article meets the criteria as explained in the Cornell University site. http://www.reuters.com/article/us-china-economy-gdp-idUSKCN0XB2XX
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English: Analyzing Information
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Chinese Economy Shows Signs of Debt-Fueled Recovery
Authored by Yao & Wong and published in 2016, the article discusses the economic growth in the first quarter of 2016, as released by the Chinese government, while drawing a comparison with the past economic growth in the first quarter. The authors note the similarities with the present economic growth estimates with the past, which were fuelled by increase in debt rather than structural policies. In the current quarter, the authors argue there has been an increase in the loans in the financial sectors, which has almost doubled “other indicators released showed new loans, retail sales, industrial output and fixed asset investment were all better than forecast” (Yao & Wong, 2016). The authors attribute the growth in the economy to increment in debt, while they express fears that the economy may crumble just like in the past when it was fueled by debt. The authors demonstrated good critical thinking……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………….
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