The latest economic data out of China may have just highlighted the country's slowest growth in 25 years but one analyst says a return to rapid expansion is due.
"I think it's time to look for China to recover and for it to move back toward its trend growth which is really about 10 percent," Carl Weinberg, chief economist and managing director at High Frequency Economics told CNBC Tuesday.
"This business cycle is pretty much cooked to the downside and this economy is about ready to get going," he said
Weinberg claims China's current slowdown is a repeat of the country's recent economic history.
"Over the last 35 years we have seen three and a half of these cycles and none of them have been deeper to the downside that the present one. The logical thing to look for is a recovery".