Where next for Chinese growth? A delicate balancing act

Darwin Investment Managers' David Jane tackles the thorny question of China, and asks whether a gentle slowdown could really become a bumpy landing.

The US economy appears to be growing at a fairly steady rate, albeit with a question mark over jobs growth. In contrast, growth in the Chinese economy, the world’s second largest, fell to a three-year low of 7.6% in the second quarter. Understandably, investors are keen to gain some insight into the growth profile of the Chinese economy, in part as it has been the largest single contributor to global economic growth in recent years. It is not too surprising that some of this slowdown has come from overseas. China is the world’s largest exporter and some of its key export markets are s...