A hard landing for China? Six top economists weigh in.

4. China has the policy flexibility to engineer a soft landing

Reuters/File
In this file photo laborers install scaffolding at a residential construction site in Hefei, Anhui province, about 300 miles west of Shanghai.

Andrew Colquhoun, head of Asia-Pacific sovereigns, Fitch Ratings

Fitch expects China's economy to grow 8.2 percent in 2012, with downside risk from the eurozone and from the unwinding of China's own property boom. China has policy flexibility to respond to shocks. But the real question is whether China's economy can manage the transition to a more sustainable consumption-led growth model in the longer term.

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