BlackRock predicted China s economy will not a hard landing

　　The securities journal noted that one of the world's largest investment management company BlackRock's latest report on 24th the anxiety wall-climbing China investment risk and opportunity points out that China's economic growth is slowing, but China's economy will not be a hard landing, China's economic miracle will last for a long period of time. Huawei founded by ren zhengfei even if next fall

　　Report notes that most affect the BlackRock investment strategies and perceptions of China's four major trends include: China is sharply depressing credit growth, the economy is moving towards a service-oriented model transformation and the downside risk in the housing market and the Government's ability to stimulate the economy in the short term. "We believe that China will be able to meet these challenges in the short term, or there are some ups and downs. Policymakers seem to know of the risks involved, and have been properly prepared a viable long-term plan (blueprint for progressive reform) and short-term instruments (loose monetary and fiscal stimulus measures) driving challenge. "

　　Report that the Chinese Government truly aware of State-owned enterprises and local government debt risks, and have the confidence to avoid the credit crunch crisis, are local governments some short-term, high interest debt, converted for a long period and lower coupon municipal bonds. Report predicts that the people's Bank of China will further cut interest rates and lowered reserve currently at historic high, tries to rekindle economic growth. In addition, the Chinese Government seems ready to adopt housing and increased foreign investment in infrastructure, driven property prices and to support the manufacturing industry.

　　"Investors should regard China as a continent rather than a country. "The report points out that China economic trends in the region, the level of development and the implementation of different policies. When China's northeast (heavy industry) and Western (mining) economic slowdown, densely populated coastal areas and more affluent economy has remained strong. Investors at a time when concerns about long-term economic situation and risks, you can still continue to be bullish on the financial markets in the short to medium term.