Bloomberg News

China’s Consumption Is Very Strong, UBS’s China Strategist Says

October 24, 2011

Oct. 25 (Bloomberg) -- Consumption in China is “very strong,” after average wages expanded in the nation, John Tang, China strategist at UBS AG said today in Hong Kong at a Bloomberg forum.

The economy won’t be headed toward a hard landing given the support from consumption, Tang said.

To contact the reporter on this story: Sophie Leung in Hong Kong at sleung59@bloomberg.net

To contact the editor responsible for this story: Hwee Ann Tan at hatan@bloomberg.net


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