# In an op-ed, Prof. Michael Spence discusses China's slowing growth and long-term outlook

1 Faculty News July 23, 2013 ![Project Syndicate logo](/sites/default/files/styles/246w/public/assets/images/con_030500.jpg?itok=ONV7lJ6H)>

Excerpt from [Project Syndicate](http://www.project-syndicate.org/commentary/the-keys-to-china-s-long-term-growth-prospects-by-michael-spence) -- "Watching for progress on these key elements of structural change and reform seems to be the right stance. If markets are confused or pessimistic about China’s longer-term agenda, but if the direction of structural change and reform is positive, there may be investment opportunities that were absent in the more exuberant recent past."
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Read more](http://www.project-syndicate.org/commentary/the-keys-to-china-s-long-term-growth-prospects-by-michael-spence)