Has China’s Economy Hit a ‘Dead End’?

Has China’s Economy Hit a ‘Dead End’?

Summary:

  • China’s disappointing economic growth that came in at 7.7 percent in the first quarter, when the market was expecting an expansion of 8 percent, is leading to a loss of confidence in the outlook for the world’s second largest economy.
  • Support from the government’s $157 billion infrastructure stimulus package unveiled in the second half of 2012 and strong credit issuance, China’s economy has failed to live up to expectations in the first three months of the year
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Categories: Capital Markets

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