Friday, March 16, 2012

JPMorgan's Mowat sees hard landing in China

Adrian Mowat, chief Asian and emerging-market strategist at JPMorgan Chase & Co., talks about the outlook for the Chinese economy.

If you look at the Chinese data, you should stop debating about a hard landing. China is in a hard landing. Car sales are down, cement production is down, steel production is down, construction stocks are down. It’s not a debate anymore, it’s a fact.

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