China's structural problems mean growth will continue to sag as 'negative animal spirits' move it in the opposite direction as the US, Goldman Sachs president says

• China's economy is moving in the opposite direction of the US, Goldman Sachs' John Waldron said.
• He said "negative animal spirits" in China point to slow growth as it battles economic malaise.
• The nation will continue to see below-trend growth for awhile, the bank exec said.

China's economy is battling a host of problems that will weigh on growth for a while, and the country is moving in the opposite direction as the US,  according to Goldman Sachs president John Waldron.