ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

China sees the wrong kind of growth

Uptick in public investment and real estate push up GDP, but may fuel bubbles

 (placeholder image)
Heavy spending on infrastructure development helped spur China's economy in the first quarter.   © Reuters

BEIJING China's economy logged its second straight quarter of accelerating growth in January-March, up 6.9% on the year, according to preliminary statistics.

That improvement is good news for President Xi Jinping, who aims to stabilize economic growth through government spending ahead of the National Congress of the Communist Party, a key party gathering to be held this autumn.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more