Wednesday, June 13, 2007

China's Factory, Real Estate Spending Probably Rose by 25.4 Percent in May

(Bloomberg) -- China's spending on factories and
real estate probably rose 25.4 percent from a year earlier in
the first five months, underscoring the risk of an investment
rebound in the world's fastest-growing major economy.

The median estimate of 17 economists surveyed by Bloomberg
News compares with a 30.3 percent increase in urban fixed-asset
investment a year earlier. The statistics bureau will release
the figures at 10 a.m. tomorrow.


Read more at Bloomberg Emerging Markets News

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