Fitch Ratings says in a new report that China will likely see a soft landing despite the slowdown in growth evident in Q212. However, renewed reliance on investment to support activity threatens to prolong the Chinese economy's structural imbalances. Official figures indicate that the Chinese economy is likely to avoid a hard landing in the short-term. China's growth slowed to 7.6% in Q212, the weakest reading since Q109. Fitch maintains its 8% projection for Chinese growth in 2012, implying annualised growth of 8.1% in H2. Fixed asset investment growth picked up to 20.4% yoy in the six months to June 2012, up from ... (full story)