Posted 2 years, 1 month agoChina moves, haltingly, to clean up environmental mess Shares
Posted 2 years, 1 month ago
The biggest threat to China’s economy, Mr. Huang added, is a global recession brought on by the economic troubles in the U.S. and Europe, because exports to those areas remain the most important driver of growth in the Asian giant.
“A double-dip recession [in the West] is the greatest risk,” he said. “The Chinese economy would probably not be able to avoid a hard landing, the first in more than 20 years.”
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