An understated economic slowdown and ongoing structural reforms have caused a re-emergence of worries about a hard landing, says J.P. Morgan Private Bank. “While official headline growth stayed at 7% for the first half of 2015, we have reason to believe the true underlying growth momentum is weaker than headline numbers suggest,” notes Dong Chen, vice president and chief economist…
China to miss 7% growth target, says J.P. Morgan Private Bank
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