He was actually a professional (strategy) management consultant at Bain and BCG, which are noted for demanding data-driven analysis.I won't comment on specifics of Romney's speech. He's a politician and for the most part politicians don't really rely on precise analysis. I think there's a dozen people here on this forum who could make a more informed speech.
And he's not a professional politician, as he only entered politics after retiring from his business career.
There are enough economic papers in the public domain that support continued Chinese growth prospects.
Sure, there are some that don't agree, but when I analyse their arguments, they frequently don't make sense.
The one that got closest was the Harvard/Summers "regression to the mean" paper, which suggested Chinese growth slowing to 2% per year.
But since that paper was published 7 years ago, China's GDP has almost doubled in size.
At the time, I pointed out that China doesn't have much in common with the developing countries of Latin America, Africa and developing Asia.
And that China's peer group are the other East Asian Economic Tigers (Japan/Korea/Taiwan/HK/Singapore)
China shares so many similarities with these countries, which all solved the challenge of growing past the middle-income trap.
But we'll just have to agree to disagree.