A small quote from capital economics on their China outlook ahead:
Clouds are still hanging over the outlook
- global demand looks set to weaken further
- and a long-overdue pull-back in property construction is getting under way
The fiscal support currently in the pipeline is unlikely to fully offset these headwinds and we think authorities will have little choice but to roll out further policy easing measures in the coming months"
CE comments reported via the FT link here but may be gated)
