Photographer: Qilai Shen/Bloomberg

China Property Boost to GDP May Wane After Debt-Fueled Rise

  • Real-estate industry gains 9.1% and construction rose 7.8%
  • Data mismatch adds to skepticism about true GDP growth rate

China’s expansion may face stronger headwinds this year should the debt-fueled boost from real estate, a key driver of recent economic growth, prove unsustainable.

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