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Inflation, shadow banking, Land - based economic mine

2013.01.20 Jing-Ying Wang

At the same time, fixed asset investment growth rate is still higher than the growth rate of retail sales of social consumer goods to deduct the real growth rate of price factors, the difference of 7.2 percentage points, indicating that the mainland economy is still highly dependent on investment. So despite the fact that mainland China last year managed to avoid a hard landing, there are still many challenges for the new year. In addition to the possibility of inflation, the risk of shadow banks is rising. Therefore, economists predict that due to policy constraints, this year's mainland economic growth will be high to low, or even down to 6%.