Comments
State Bank of India (SBI) Chairperson Arundhati Bhattacharya on Tuesday said she does not believe Chinese economy will make a hard landing despite the recent turbulence of yuan devaluation and stock market slide in China.
"They (China) have enough resources to tackle the situation. Also their speed of response is fast," she said responding to queries on China's economy at an Assocham Foundation event in the capital.
In all probability, they will do this change (from being investment-led to consumption-led economy) without difficulty, she added.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.