Behind China’s Pickup in Growth: the Strong Hand of the State

18 Apr 2017   China

China on Monday posted its strongest quarterly growth in a year and a half, underlining how the fate of the world’s second-largest economy has tilted further into government hands. The reported growth pace of 6.9% in the first quarter was the result of better-than-expected investment, industrial production and building starts for March—all evidence that last year’s easy-money policies and infrastructure spending have…

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