Reuters have a piece available on the latest from the folks at the China Beige Book
In brief ,their latest look at China highlights:
- China's economy showed "unmistakable" signs of recovery in Q1
- Improved company profits, investment, hiring improving
- But there may be too much reliance on extraordinary levels of credit
the U.S.-based consultancy questioned whether the first-quarter's "credit-soaked" recovery was sustainable, noting riskier types of shadow banking were on the rise again.
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From the quarterly survey of Chinese firms by China Beige Book.
