ASSESSMENTS
China: Rural Consumption and Real Estate Sales
Jun 16, 2009 | 17:48 GMT
LIU JIN/AFP/Getty Images
Summary
China's effort to turn its economy into more of a consumer-oriented system, in part to weather the global financial storm, has shown some progress. But a closer look at two of the touted hallmarks of that success — rising rural consumption and a revival of residential real estate sales — suggests they may not be the leading indicators of a sustainable shift in China's economic patterns.
Proceed to sign up
Register NowAlready have an account?
Sign In