China Investment Jump a `Problem,’ Government Says – Bloomberg
From Bloomberg News (link) China’s government said a surge in investment that propelled first-quarter economic expansion of 10.2 percent needs “attention” and signaled it will curb lending in the world’s fastest-growing major economy. Fixed-asset investment in urban areas rose 29.8 percent in the quarter from a year earlier, statistics bureau spokesman Zheng Jingping told a […]
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