Investment in real estate led the way in China’s first-quarter economic rebound, but overreliance on the sector is a structural issue that needs addressing through reforms. Photo: Dickson Lee
Yu Yongding
Opinion

Opinion

Yu Yongding

With analysts divided on China’s economic potential, Beijing should seek as high a growth rate as possible amid reforms

  • When setting growth targets, a too-conservative estimate could have serious consequences for China’s economy and its people
  • Beijing should therefore seek as much expansion as possible, focusing in particular on infrastructure investment, while making the necessary structural changes

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Investment in real estate led the way in China’s first-quarter economic rebound, but overreliance on the sector is a structural issue that needs addressing through reforms. Photo: Dickson Lee
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