China's growth bulls capitulate with GaveKal's Arthur Kroeber suggesting GDP growth could come...

|By:, SA News Editor

China's growth bulls capitulate with GaveKal's Arthur Kroeber suggesting GDP growth could come in below 6% next year. Capital Economics sees 7% next year as a "relatively optimistic scenario." Citigroup joins in, cutting 2014 to 7.1% from 7.3% previously. One thing the 3 agree on is the slowdown being healthy medicine for the over-investment-led economy. Shanghai (FXI, CAF) gained 0.3% overnight.