Much more room for China's growth if it can overcome current downturn: Ong Ye Kung

Foreign investors are losing confidence in Chinese equities, with net investment inflows set to plunge to an eight-year low. The Financial Times said more than three-quarters of foreign funds flowing into Chinese equities in the first seven months of the year have left. Singapore however is more optimistic about China's recovery. Singapore’s Health Minister Ong Ye Kung said there is still much room for economic growth in China once it overcomes its current downturn. He added that if China can ad...