Can China shake its investment addiction?

As growth momentum slows, provinces and municipalities across China are turning to investment to prop up their economies. But Beijing will likely sit on its cash pile for some time yet.

China will release its second quarter GDP figure in eight days. Many analysts are predicting 7.4 per cent growth, just a touch below the official target of 7.5 per cent.  Recent data suggests Chinese exports and manufacturing are recovering on the back of Beijing’s targeted easing measures.

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