China’s Economy May Face ‘Rough’ Landing, Singapore’s Lee Says
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China’s economy may be headed for a “rough landing,” Singapore Prime Minister Lee Hsien Loong said.
“They’ve built a lot of infrastructure. They have built a lot of capacity in many industries, autos, some of the electronics industries,” Lee said, according to a transcript of an interview airing today on CNN’s“ Fareed Zakaria GPS” program. “There may be a rough landing, but they will get through it.”