Chinese Economy Heading for 'Soft Landing'

Several think tanks in China are predicting that China's latest macro control measures will give China's economy a 'soft landing'.

Studies in Zibo City of Shandong Province and Baoding City of Hebei Province say that since China tightened land and credit supply for state owned, ex-state owned and private companies, things have slowed down.

Both cities say they have had to delay or give up on projects because they used up their annual land quota.     Continue reading...