Bernanke doesn't rule out hard landing for China

Federal Reserve chairman Ben Bernanke said in a letter released on Friday 8 September that chances of an economic crisis in China were low, but that the chances of a "hard landing" for the economy could not be ruled out.

"We believe that the chance of a Chinese economic crisis is very low for the foreseeable future," Bernanke wrote in a August 30 letter to Senate Banking Committee Chairman Richard Shelby.

"Although the banking sector is burdened with an enormous and probably growing stock of

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.