According to Bank of America Merrill Lynch latest Global Fund Manager Survey, only 8% of global investors think that there will be hard landing in 2012 for China.
The first time this question was asked, back in November, 16% of investors thought there would be hard landing, so the proportion is down by half. Wonderfully, there is now an option for “No landing”, taken up by 3%:
Similarly, while Chinese real estate market crash was cited as the second biggest tail risk in November, it now ranks third:
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