China's slowing growth is good news

Slower growth could be just what China's overheating economy needs, according to CLSA's Francis Cheung.

China is not immune to the woes plaguing the global economy, but slowing growth could be good for its overheating economy according to Francis Cheung, head of China and Hong Kong strategy at CLSA.

As the government tightens its fiscal policies and exports continue to fall, the bearish mood in China is even casting a shadow over once-bullish equity markets. But Cheung is nevertheless upbeat. “Sometimes tightening policy is not good for markets, but...

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