For high-flying China, signs of a hard landing are now clear. Here’s proof

For high-flying China, signs of a hard landing are now clear. Here’s proof

The first hints of China’s economic performance this month suggest that a slowdown in growth is taking hold, as policy makers beef up efforts to clamp down on financial risks.

The international-investor optimism that dominated in the earlier part of the year is now souring, as curbs on leverage push up the cost of domestic borrowing. Small and medium-sized companies are also reporting dented confidence, and sentiment among sales managers and in the steel market worsened. Read More…

 

Credit By : The Economics Times

 

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