China released Q4 2012 GDP figures last night, and the numbers came in slightly above economists' estimates, re-accelerating to 7.9 percent growth![ext]()
year-over-year from 7.4 percent in the previous quarter.
The numbers may distance the Chinese economy from the feared "hard landing scenario" a bit.
However, China's fate depends very much on that of the global economy over the coming year – and a big shock in one of the world's major economies could revive fears of a hard landing once again. China's fragile shadow banking system is also still a major concern.
Guy Stear and Wei Yao of Société Générale put together an excellent presentation examining how a China hard landing could come about and the impact it would have on a range of asset classes, as well as clients' views on the hard landing scenario.
Note: Thanks to Société Générale for allowing us to feature this presentation.
See the rest of the story at Business Insider![ext]()
Please follow Money Game![ext]()
on Twitter![ext]()
and Facebook![ext]()
.
Reported by Business Insider 6 hours ago.
year-over-year from 7.4 percent in the previous quarter.The numbers may distance the Chinese economy from the feared "hard landing scenario" a bit.
However, China's fate depends very much on that of the global economy over the coming year – and a big shock in one of the world's major economies could revive fears of a hard landing once again. China's fragile shadow banking system is also still a major concern.
Guy Stear and Wei Yao of Société Générale put together an excellent presentation examining how a China hard landing could come about and the impact it would have on a range of asset classes, as well as clients' views on the hard landing scenario.
Note: Thanks to Société Générale for allowing us to feature this presentation.
See the rest of the story at Business Insider
Please follow Money Game
on Twitter and Facebook.
Reported by Business Insider 6 hours ago.