Goldman’s Jim O’Neill highlights risks to Chinese growth

The Chinese government's readiness to intervene in the country’s economy should be a comfort rather than a concern for investors, argued Jim O’Neill, chairman of Goldman Sachs Asset Management, while he was in Hong Kong last week. Chinese policymakers do worry that something may go wrong economically, and are fully prepared – as they have shown – to take action when or in case it does, adds O’Neill, who was formerly Goldman Sachs’ chief economist before taking up his new role late…