Avoiding a hard landing

Stronger-than-expected summer data out of China offers some degree of comfort for the country's outlook amid still-elevated levels of global uncertainty - and should help reduce fears of an economic hard landing in the near term. Resilient consumption continues to underpin overall growth, point...

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Bibliographic Details
Published inFinancial Adviser
Main Author Ramakrishnan, Nandini
Format Trade Publication Article
LanguageEnglish
Published London The Financial Times Limited 28.07.2016
Subjects
Consumption
Economic conditions
Emerging markets
GDP
Gross Domestic Product
Industrial production
Investments
Investor behavior
Retail sales
China
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Summary:Stronger-than-expected summer data out of China offers some degree of comfort for the country's outlook amid still-elevated levels of global uncertainty - and should help reduce fears of an economic hard landing in the near term. Resilient consumption continues to underpin overall growth, pointing to further progress in economic rebalancing. However, looking ahead, we are conscious that the momentum in consumption growth may not be able to fully offset the ongoing deterioration in private and manufacturing investment.
ISSN:0953-5276