Experience Stern | News & Events

Excerpt from Bloomberg -- "China is in an economic slowdown, but I think that the markets have gone from extreme optimism a few months ago, to soft landing, to now the view of a real hard landing, that the economy is in free fall. My view has been all along that the Chinese slowdown is going to be a bumpy, rough landing, but something short of a real hard landing. So I think that markets are becoming too pessimistic about Chinese economic growth and the ability of the policy authority to manage that growth slowdown and also to manage the movements of the currency and of the stock market."

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