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China Hard Landing Potentially Biggest Risk For Global Economy In 2012
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China Hard Landing Potentially Biggest Risk For Global Economy In 2012

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China Hard Landing Potentially Biggest Risk For Global Economy In 2012

HONG KONG (Dow Jones)--Fitch Ratings said Tuesday a hard landing for the Chinese economy was potentially the biggest risk for the global economy in 2012.

China's real estate market as well as its banking sector could also pose threats to the country's economy amid the global slowdown, Fitch's Head of Asia-Pacific Sovereigns Andrew Colquhoun said in a briefing in Hong Kong.

Colquhoun's remarks come after the International Monetary Fund Monday cut its forecast for China's economic growth this year to 8.25%, from 9.0% projected in September, citing the threat of weakening exports amid an uncertain global environment.

The IMF said China's economic growth rate, which stood at 9.2% last year, would drop abruptly if the euro zone experienced a sharp recession


Fitch's Colquhoun: China Hard Landing Potentially Biggest Risk For Global Economy In 2012 - WSJ.com

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