REUTERS/Stringer- A sales assistant talks to visitors in front of models of apartments at a real estate exhibition. China's real estate investment rose 16.8 percent in first three months of 2014 from a year earlier, and revenues from property sales dropped an annual 5.2 percent, the National Bureau of Statistics said on Wednesday.
Good News and Bad in China’s First Quarter Growth Data
April 22, 2014,
Analyzing the first quarter data recently released by China's National Bureau of Statistics, David Dollar argues that China’s growth would be more sustainable if the government accepted the slowdown of the growth rate and moved on the reform agenda that would lead to higher household incomes and consumption and more efficient investment.