China’s macro economy experiencing “difficult time” – Xinhua

From Xinhuanet:

China’s fixed asset investment, which cooled down a bit last year, has been growing rapidly so far this year, indicating that the country’s is entering a “difficult time”.

Official figures showed that China’s growth rate in May this year was 2.1 percentage points higher than that of the first quarter, and the trade surplus continues increasing.

China’s economy will probably grow around 10 percent in the first half of the year, economists here predicted. [Full Text]

Also see China’s Economy Forecast to Grow 10.3% in First Half


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