Asia Pacific head of wealth management studies and the Asia-Pacific Managing Director, Chief Investment Strategist Pu Yonghao 9th that the November CPI rose 4.2% in China, is a very sensible data, but also not relax because structural inflation factors still exist. He believed that China's economy is unlikely to a hard landing. Pu Yonghao think, now most key of problem is Europe debt problem, currently has entered has a key period, if EU cannot on Europe debt problem reached consistent, so, consequences is unthinkable of. but, if EU on Europe debt problem reached consistent, next year of euro also will rendering a economic recession of pattern, because Government, and Bank are in reductions spending, contraction loan, this on caused euro of economic recession. " Currently global economy is slowing down, but will slow down further. " "Export-oriented countries, negative impact on the economy next year will be even greater. but mainly by domestic demand, China
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