Housing slump bigger economic threat than China slowdown: Fitch:
-- In a survey of leading fixed interest and bond traders, Fitch found a domestic housing downturn had replaced the prospect of a hard economic landing in China as their biggest worry.
-- At the same time, a string of regulatory initiatives, coupled with active supervision have added starch to bank underwriting standards."
1. a fall in the amount of business that is done;
2. a time when the economy becomes weaker;
1. a white carbohydrate food substance found in potatoes, flour, rice, etc.
2. starch prepared in powder form or as a spray and used for making clothes, sheets, etc.