How to Read the Current Chinese Economic Situation

China’s economy did not get out of the difficulty of downward pressure and was mainly fueled by real estate and price increases in the first half of the year. If China’s central bank tightens its monetary policy to some extent, the real estate market may start a periodic adjustment to be more sustainable, but the growth picture will be less rosy for the second half of 2016.

Yi Xianrong Professor, Qingdao University via CHINA US Focus http://ift.tt/2b1C0a8