China Economy Slowing ‘Significantly,’ Conference Board Says

Growth in China, the world’s second-biggest economy, is slowing “significantly,” according to The Conference Board, a New York-based research organization.

“The economy is significantly moderating right now and also over the next couple of months,” Bart van Ark, the organization’s chief economist, told Bloomberg Television from New York ahead of the release of the organization’s leading indicator for China. “We still expect it to be pretty much a soft landing.”