(Bloomberg) -- China's spending on factories and real estate probably grew 25.3 percent in the first four months of 2007 from a year earlier, suggesting the central bank may need to raise interest rates to cool investment.
That's the median estimate of 19 economists surveyed by Bloomberg News and compares with a 29.6 percent increase in urban fixed-asset investment a year earlier. The statistics bureau releases the figures at 10 a.m. on May 17.
Read more at Bloomberg Emerging Markets News
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