In a major article China’s leading newspaper, the Global Times, argues that a hard landing of the Chinese economy seems unlikely. The article recognizes that recent developments have cast some doubt on China’s economic prospects buts cites as evidence the Global Competitiveness Report 2015-2016 released by the World Economic Forum (WEF) on Wednesday.
I would recommend reading the Global Competition Report for first-hand evidence.
It’s interesting that elsewhere in the news China beats Japan to win the high-speed rail contract in Indonesia – also the LA Times reports a massive $4 Billion Chinese investment in Western Digital.
I almost feel sorry for hedge fund speculators who have been shorting against China.
China is truly on the rise.