As the world’s second-biggest economy rings in the Year of the Horse, global financial group REORIENT says there are clear reasons why China won’t face a hard landing despite the re-emergence of concerns.
The potential for a Chinese hard landing has been an ongoing concern in recent years, as the country’s policy makers attempt the difficult task of steering the economy from decades of double-digit investment-powered growth to more stable levels fueled by consumption.
And in recent weeks, a broader selloff in emerging markets combined with a string of disappointing data points and renewed fears over China’s burgeoning credit bubble, have stoked bearish sentiment over the risk an impending crash.
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