We believe China will not be able to achieve any kind of landing (neither soft nor hard) in the next year or two for three reasons: the absence of swift policy responses to rising economic problems; the heightening investment incentive ahead of major political events; and the inconvertibility of the capital account lengthens the duration of the bubble.
The term "soft landing"--and its presumed opposite, a hard landing--is not well defined for any country; it is especially problematic when applied to China.
However, given the good track record of the Chinese government in bringing down the overheated economy in late 1980s and middle 1990s, I believe that if appropriate policies are pursued, there is a possibility of achieving a soft landing over the next year or two.
It provides pilots a clear image of the runway to allow safe landings.
"The missions then and now are limited to those areas that can support landings using ground-based navigation aids," said Machovina, who is with the command's long-range planning section at Scott Air Force Base, Ill.
When was the last time you saw somebody get hurt landing in the middle of the pit?
If your vaulter is landing at one side of the pit or the other, rather than the middle, stand behind him or her and watch for the following:
One of the first consultants to join The Landings at HarborSide team, TLMP created the master plan for the entire redevelopment and is actively involved in the design of the first two residential buildings now under construction as part of Phase I.
The firm has performed an analysis of utility systems and road infrastructure, coordinated infrastructure planning and is handling site plan approval for The Landings.