Can China's Economy Get Any Worse? Yes, in 2016

NEW YORK (TheStreet) -- China's latest move to cut interest rates may be more about supporting the country's fragile economy than helping to support Chinese stocks, according to IHS Director of Sovereign Risk Jan Randolph. "China is trying to rebalance its economy," Randolph said. "It wants to move away from investment being 50% of GDP, the biggest driver and that could be broken down into real estate as well as factories. Right now, there's excess capacity, ghost cities and they have to make ...