The most recent macro data releases from China give rise to the strong conclusion that Chinese policymakers have unwittingly hit the monetary brakes too hard and thus the balance of risk has finally tipped slightly in the direction of a hard landing in 2012.
Hard Landing Coming for China?
Hard Landing Coming for China?
Hard Landing Coming for China?
The most recent macro data releases from China give rise to the strong conclusion that Chinese policymakers have unwittingly hit the monetary brakes too hard and thus the balance of risk has finally tipped slightly in the direction of a hard landing in 2012.