China economy 'not falling off a cliff': DBS chief

China's economy may be slowing but it is "not falling off a cliff", the chief executive of Southeast Asia's biggest bank said Friday. DBS Bank chief executive Piyush Gupta also said he does not see a repeat of the 1997-1998 Asian financial crisis arising from the turmoil in Chinese markets because the region is on a far stronger footing than it was 18 years ago. A slowdown in the Chinese economy, a sharp fall in share prices and the devaluation of the yuan against the US dollar have hammered fin