China's stronger-than-expected growth claim may be tempting policymakers to pare back stimulus. Analysts say that would be a mistake.
China's claim of stronger-than-expected economic growth in the first part of this year may be tempting policymakers to pare back stimulus. Analysts say that would be a mistake.
A politburo statement issued Monday and reported by the official Xinhua news agency emphasized the economy's strong start to the year but appeared to express concern about financial and real-estate markets. It said those sectors should be closely monitored for possible risks, suggesting worries about possible overheating.
"They didn't mention that they're going to end the policy easing," Xing said Tuesday on CNBC's"Street Signs" of the politburo gathering. China's massive debt levels, which authorities were trying to bring under control before the trade war kicked in last year, are a major worry for policymakers.
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