China no reason to talk ourselves into a recession, say experts

China no reason to talk ourselves into a recession, say experts

After being lauded as the world’s rock star economy, is New Zealand’s bubble about to burst? Three surveys of confidence in recent days show the mood is turning gloomy, sparking warnings about talking the economy into a recession. There are good reasons for jitters, including sinking commodity prices, the Greek debt crisis and panicked share trading in one of our largest trading partners, China. But a quick survey of some leading economic observers suggests the optimists still outweigh the pessimists about the outlook for New Zealand in the next two years.

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