Slower economic growth, looming bad loan problems and pressure on party officials are all causes for concernby George Magnus / December 8, 2015 / Leave a comment
Trying to get a handle on what’s going on in the Chinese economy is becoming increasingly difficult—and necessary. Back in September, The US Federal Reserve decided to back away from raising interest rates as it had forewarned, largely because of turbulence surrounding Chinese financial markets and uncertainty about the economy. Mario Draghi has articulated the ECB’s dovishness around the same theme. The Fed looks poised to pick up the baton of higher interest rates next week, but China remains an enigma for even the most seasoned of China watchers.