Tuesday, September 8, 2015

Roubini : China Slowdown going to be a bumpy

“I think the markets are now becoming slightly too pessimistic about Chinese economic growth and the ability of the policy authorities to manage the growth slowdown, the movements of the currency and stock market,”Dr. Doom told Bloomberg News.

“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.”

Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics

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