Hard Landing impossible in China-yeah right
Xia Bin, a researcher with China’s State Council’s Development Research Center and a former adviser to the nation’s central bank, talks about the outlook for the country’s economy and monetary policy. Mr Bin is assuring the world everything is fine, there is no property bubble, growth falling is apparently a “ridiculous” assumption and more. According to Xia Bin, a hard landing is impossible. At least we know one thing after listening to this interview, a hard landing is definitely possible, especially when the currency war starts boiling for real. Full video below.