One Economist Thinks China's Crackdown On Pollution And Corruption Is Behind Its Weak Growth

The data out of China so far has been disappointing, and has prompted economists to cut their 2014 GDP forecasts. Bank of America's Ting Lu was one of the economists that lowered his 2014 GDP forecast to 7.2%, from 7.6%. He also cut his Q1 forecast to 7.3%, from 8.0%. In a new note to clients he argues that the slowdown we've seen in the Jan-Feb period is largely because of Beijing's crackdown on pollution and corruption. From Ting: "There were some early warning signals including a declining PM...