Hong Kong
WHATEVER does cause the next global recession, it likely won't be China.
That's according to Bank of America Merrill Lynch, who gathered its top experts to mull the "34 questions about China that you were afraid to ask." They concluded the world's second-largest economy will steer clear of a hard landing and the government will contain the risks arising from its financial market turbulence. While its slowdown will weigh on investor confidence, it won't cause major negative spillovers to the...
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