CX Daily: China’s Consumers Are Flush With Cash, So Why Does the Recovery Have the Wobbles?

Economy /

Cover Story: China’s consumers are flush with cash, so why does the recovery have the wobbles?

Ominous signs that China’s economic recovery may be slowing from an initial surge fueled by pent-up demand among consumers has analysts and bankers alike pondering whether continued loose monetary policy can underpin the revival as a rise in risk aversion leads people to save more and shy away from borrowing.