Thursday, October 3, 2013

The Markets are underpricing the risk of a Slowdown in China

ET Now: How concerned are you about the slowdown in China?

Nouriel Roubini : In my view, the markets are underpricing the risk of a slowdown in China. We expect this year the growth in China would be 7.4%, whereas the consensus is above 8%. It is not going to be too hard a landing, 4-5% growth would have been a harder landing. Even if the latest economic data from China shows another round of monitoring fiscal and credit stimulus boosting growth, that is going to fade in the next few quarters.
Related Posts Plugin for WordPress, Blogger...