Little evidence China's outlook has darkened dramatically - analysts
Though the economy lost steam in 2015, there are some bright spots such as services, vehicle and property sales
Beijing
A RENEWED plunge in Chinese stock markets has stoked concerns among global investors about the health of the world's second-biggest economy, but there is little evidence that the outlook for China has darkened dramatically in recent weeks.
China's economy lost steam steadily through 2015 and economists are split over when they expect it to bottom out. Vehicle and property sales are showing signs of life, however, and few are predicting the kind of "hard landing" that the recent tumble in share prices might suggest. "I think there is little connection between the falling stock markets and the real economy," said Shen Lan, an economist at Standard Chartered in Beijing. "Actually, economic indicators in November already showed the economy gained more momentum."
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