2014-04-17
UBS: Property Sector Poses Biggest Risk To China's Economy
China's first quarter GDP growth slowed to 7.4% from 7.7% the previous quarter, mainly due to weaker real estate sector activities and weak exports, says UBS in a research report. China's property activity lost steam in the first quarter, with activity slumping across the board. Sales fell 3.8% from last year, completion declined 4.9%, and […]
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