2/17/2013

Accelerated construction spending helped China avoid a sudden deceleration in economic growth, and "reasonably fast" growth can be expected to resume soon, Li Daokui, an economist at Tsinghua University and former adviser to the central bank, said in an interview. Nonetheless, it's "still a poor economy. So there's a long way to go for the Chinese economy to catch up," Li said.

Related Summaries