Even though Japan's official manufacturing purchasing managers index, to be announced Wednesday is expected to be roughly flat at 51.2 and above the psychologically important threshold of 50, which suggests confidence in future growth, some analysts are warning that increasing numbers of public-private partnerships, CNY12.73tn ($1.85tn) of which were approved by the end of December 2016, are storing trouble up for the future. Greater regulation of the property sector has also prompted fears of a slowdown, while the weak yuan adds to worries about capital outflow.
Even though China's official manufacturing purchasing managers index, to be announced Wednesday is expected to be roughly flat at 51.2 and above the psychologically important threshold of 50, which suggests confidence in future growth, some analysts are warning that increasing numbers of public-private partnerships, CNY12.73tn ($1.85tn) of which were approved by the end of December 2016, are storing trouble up for the future. Greater regulation of the property sector has also prompted fears of a slowdown, while the weak yuan adds to worries about capital outflow.