Swiss Economicblogs.org
Rising debts and the risk that the Trump administration introduces protectionist policies are headwinds for the Chinese economy.Chinese GDP grew by 6.8% in Q4 2016 and by 6.7% in 2016 as a whole, in line with our forecast. The pickup in fixed-asset investment in the second half was probably the key contributor to this solid performance.The likelihood of a sharp deceleration in fixed-asset investment in Q1 2017 has declined greatly. Growth in infrastructure should pick up again this month and...
Read More »China: near-term prospects good, mid term less clear
