Reported 30 days ago
Analysts show a bearish outlook on China's economy, highlighting significant troubles in the housing market as a primary factor. Brian McCarthy, Chief Strategist at Macrolens, suggests that China is 'stuck' with no easy solution, emphasizing the urgency of aggressive monetary easing to address ongoing debt deflation issues. He warns that reluctance to lower interest rates could exacerbate economic challenges, creating a less favorable environment for foreign investments.
Source: YAHOO