Start GRASP/China Strong Chinese Data Contain One Warning Sign: Flagging Consumption

Strong Chinese Data Contain One Warning Sign: Flagging Consumption

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With data in hand on a solid start to 2017 for the Chinese economy, economists pointed to slowing consumption as a warning light that demand isn’t yet strong enough to pick up the slack as the boost from stimulus policies wanes.
BEIJING—With data in hand on a solid start to 2017 for the Chinese economy, economists pointed to slowing consumption as a warning light that demand isn’t yet strong enough to pick up the slack as the boost from stimulus policies wanes.
Data released Tuesday showed improvement in industrial production, investment and property data for January and February, as effects from strong infrastructure spending and monetary easing carry over from last year.

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