Saturday 30 June 2012

Barron's: Get Ready For A Chinese Hard Landing - Business Insider

In its latest print edition, Barron's magazine is calling for a Chinese hard landing -- a scenario where a hot economy slows sharply, potentially falling into recession.
Though recently announced interest-rate cuts and a ramp-up in the government's already massive infrastructure spending could postpone the day of reckoning, to us it looks like the Great China Growth Story may be falling apart.
Barron's Jonathan Laing doesn't present much new evidence.  However, he compiles almost all of the bearish arguments and quotes all of the big China bears like Jim Chanos.

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