Shanghai boom to continue as Chinese investors just can't get enough

April 15, 2015 12:35 AM

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Economists were expecting the country's trade surplus to slip to 250 billion yuan ($US40.25 billion) in March after four consecutive months above 300 billion yuan. That would have been disappointing but a sign that the economy was gliding to a soft landing. The actual result: 18.16 billion yuan. Exports plunged nearly 15 percent year-on-year, and imports were down, too, falling 12.3 percent.

More bad news may arrive, when the government is scheduled to release data on gross domestic product for the first quarter. Not only were the quarter's trade figures low, but industrial production was "particularly weak" thanks to overcapacity in industries like steel, coal, and shipbuilding, BNP Pa...

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