China's Latest Economic Numbers: Not ReassuringBy
China’s latest numbers: not horrific but not reassuring either. Urban fixed asset investment, the main driver of economic growth in recent years, grew a less-than-expected 20.6 percent in the first four months, reported China’s National Bureau of Statistics on May 13. That showed a slight cooling from 20.9 percent growth in the first quarter, while economists had been expecting 21 percent.
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