Can China Turn 'Economy on Steroids' to Real Growth?: "The recovery has been largely government-driven, and has been underpinned by property froth and rampant shadow finance. The challenge still centers around stressed corporate balance sheets and a pervasive local government bailout culture. This is not a healthy recovery," said Alistair Thornton, senior China economist at financial analysis firm IHS."
'via Blog this'
No comments:
Post a Comment