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China's biggest problem is a 'lack of confidence,' Standard Chartered CEO says

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Summary
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81% Informative

Investors are closely watching China , whose stock market gyrations, deflation problem and property woes are casting a shadow over global growth outlook.

" China 's biggest problem to me is a lack of confidence," Bill Winters , CEO of emerging markets-focused bank Standard Chartered , told CNBC 's Dan Murphy .

According to the IMF , demand for new housing in China is set to drop by around 50% over the next decade .

VR Score

87

Informative language

89

Neutral language

59

Article tone

semi-formal

Language

English

Language complexity

63

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

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