Analysts see features in China helping to soothe credit bubble concerns

London

SOME economists fear the consequences of China's credit bubble. Others such as Simon Hunt Strategic Services say that worries are overblown and China's authorities are deliberately tightening controls, cleaning up the financial system. Infrastructure spending will also spur growth.

An analysis by the New York Federal Reserve Bank summarises the extent of China's credit surge and backs the concerns of many economists and business people.