Looking through the press in China today, there’s no reason for concern.
- China Securities Journal: at least 10 cities will maintain restrictions on new home buys (a sign that they believe the market is still healthy).
- Shanghai Securities News: full year 2012 inflation expected at 3.2% according to the VP and chief economist at Minsheng Securities.
- Shanghai Securities News: a former central bank adviser said China will experience a soft landing in 2012 and there will be no double dip in the worldwide economy.
