China is attracting more than its usual share of negative headlines, from corporate scandals to slowing growth. Short sellers have taken aim at companies across the country, and fund managers are hedging their bets against a crash. Are they right to be worried? The quick answer has to be “yes”. A hard landing for China’s economy would have major implications for global growth and a deep impact on global markets. Equities, credit, rates, forex and commodities are particularly sensitive to Chinese demand, and the fallout from a sudden Chinese...Read more
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