Chinese President Says The Recovery Is "Slow And Fragile"

hu jinato

The view from China is not nice, either, apparently.

At a speech in Russia, President Hu Jintao called the economic recovery “slow and fragile” with an outlook that was uncertain.

The comments, which just came out in the last couple of hours, are possibly contributing to today’s downdraft, including the heavy selling in oil.

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.

Tagged In

china moneygame-us