Latest from AEP in the Telegraph and his take on whether China is on the mend or not after yesterday’s data showed a 7th consecutive fall in quarterly growth..
A Chinese hangover was inevitable and is now happening. It will take a long time to purge the toxins. But that will not in itself stop China reclaiming its place a great economic power.
HSBC’s Qu Hongbin said “The key question is whether this is a cyclical slowdown or a more serious structural slowdown. We think it is a cyclical trough,” .
