Analysis report

new Shanghai on 1 June, China official announced on 1 May PMI (Manufacturing Purchasing Managers Index) data continues to improve, foreign bank economists predict, the future Chinese economy will continue to improve, but the real estate market weakness or China downward at greatest risk for recovery.

China PMI 50.8% in May, up 0.4 percentage points more than in April, rose for 3 consecutive months.

of Royal Bank of Scotland economist Gao Luyi said, in view of its real estate activities and until recently the nascent global demand, the first four months of this year Chinese entity industry growth under downward pressure, but since the 2 since the end of China, the government began by slightly relaxing the fiscal policy Cheap hats and monetary easing, low-key manner, to provide support to the economy growth, wholesale jerseys due to the impact of such changes need some time to appear, expected over the next few months China economic growth will continue to improve.

"economic slowdown may have stabilised in the second quarter and there will be moderate rebound," JP Morgan chief economist Zhu Haibin Chinese May PMI data commented: "the export China will benefit from America economic recovery and the recent weak yuan, the government promote the relative stability of the effect of growth measures and service industries, may provide active support to the economy."

but he also think, the cheapjerseys.us short term, the real estate industry especially the demand slowdown in real estate investment and related industries are weak, may constitute the biggest downside risks to the recovery of the China economy.

Standard Chartered Bank and UBS also expressed to the real estate market may drag on Chinese economic growth concerns.

Analysis report

of Standard Chartered Bank refers to China, in 2014 the real estate industry, if not winter, it will be a cheap jerseys from china tough year. The current real estate market Chinese showed an obvious decline, and descending over the previous few wheel is more serious, "in view of the real estate industry in China overall economy vital role, we believe that the two or three quarter of this year's economic growth rate will be dragged down."

Chinese UBS chief economist Wang Tao said, real estate is the biggest risk Chinese economy. But she thinks, Chinese government still have the ability and willingness to ease the impact of real estate down, so Chinese real estate downturn will be limited in the controllable range.

this year the real estate activity based on expected, UBS will cheapjerseys.com GDP growth forecast in 2014 and 2015 Chinese were down slightly.

(end)

(original title: silver and worry about the real estate market weakness dragged down economic growth China)