Tumblelog by Soup.io
Newer posts are loading.
You are at the newest post.
Click here to check if anything new just came in.

China?s Growth Slows To Six-quarter Low - Bloomberg

The retail sector was dominated by the sale of Poznan City Center by Trigranit, Europa Capital plus PKP (Polish Railways) to the consortium of Resolution Fund plus ECE Fund for an undisclosed amount. Moreover, in Q1 Futureal purchased 50% of the shares inside the Gorzow Wielkopolski buying gallery Nova Park from Caelum Development , while First Property purchased Galeria Ostrowiec from USS. Two Urbanindo transactions were completed inside the commercial segment in Q1.

An extended slowdown would put pressure on Premier Li Keqiang www.urbanindo.com to add stimulus or ease up on efforts to curb financial risks and property-price gains after this month outlining spending plus tax relief to support growth. Related China Must Improve `Soft' Infrastructure: Ulrich Chinas expansion moderated to the weakest pace inside six quarters plus property construction plunged, testing leaders dedication to keep reining in credit as dangers mount of a deeper slowdown. Gross domestic product rose 7.4 percent inside the January-to-March period from a year earlier, the statistics bureau said today in Beijing, compared with all the 7.3 % median estimate inside a Bloomberg News survey of analysts.

Don't be the product, buy the product!