Tue, Apr 16, 2013 - Page 15 News List

China’s economic growth slowed in Q1

SHAKY RECOVERY:Despite a surge in lending, growth in investment slowed in the first quarter, highlighting structural problems in the economy, an economist said


Recent increases in required minimum wages and an improved housing market should help to boost household spending, Moody’s Analytics economist Fred Gibson said in a report.

Still, he cautioned that consumer confidence could be hurt if China’s export weakness persists.

This story has been viewed 1255 times.

Comments will be moderated. Remarks containing abusive and obscene language, personal attacks of any kind or promotion will be removed and the user banned.

TOP top