Chinese economy to dodge hard landing: Expert
Updated: 2012-12-12 13:30
(China Daily)
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The Chinese economy will not witness a hard landing, Stephen Green, head of Greater China research at Standard Chartered Bank, said on Tuesday.
Government projects, credit and the real estate sector are the three main leading indicators to forecast China's economic outlook, Green said at a seminar held by the Hong Kong General Chamber of Commerce.
He said that both the central and local government projects are going up this year, compared with a decline since around 2008, and at the same time, the real credit sector is also witnessing growth, implying that investment activity will pick up.
China Daily - Agencies
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