economy - Soft landing seems unlikely

A fierce debate is raging behind the governmental curtains in Beijing about what restrictions are needed to force the economy into a soft landing, reveals an interview of the Financial Times with researcher Xia Bin of the State Council's Development Research Centre.
Xia recommends monetarian tools like an interest rate increase, but fears that he is loosing the battle from others who want investment curbs in certain industries like cement and automotive.
That might cause a hard landing, says Xia. Early signs and discussions signal fierce of a rather abrupt halt or even a temporary recession when China's economy really follows its current course.