economy - Facing a rough landing

Indications are growing that China's economy is cooling down and that the fallout might have a worldwide effect. The Standard quotes today HSBC economist Qu Hongbin: "'As investment went over the top on the way up, so it will be on the way down,' Qu says. 'In short, the downturn in investment is likely to be severe, as the economy will need a period of subtrend investment growth to work off the excess from the boom.'"
The Strait Times from Singapore follows, South Korean companies keep faith for the long term, but fear a short-term slowdown.
Earlier a falling shipping index also signalled a 'China crisis'.
It looks we are heading for a landing that could be a rough one.