China's economy will be hard pressed to sustain a 7.5 percent growth level reached in the second quarter for the rest of the year, mainly due to faltering consumer spending and the sluggish real estate market, a local think tank said Monday.
According
to the Institute for International Trade (IIT), concerns that the
world's second-largest economy will experience a "hard landing" this
year have been dispelled to a large extent, but it is also unlikely
China's growth will accelerate and reach levels tallied for last year.
No comments:
Post a Comment