Benjamin CarlsonApril 16, 2013 06:01
HONG KONG — China's economy delivered a surprise this week, posting a first-quarter GDP growth rate of 7.7 percent year over year. That's lower than economists were expecting, and it underscores the fragility of China's economic recovery from the doldrums of 2012. While many analysts point to weak industrial production as a cause of the slowdown, some observers have an intriguing theory about what may be exacerbating China's economic woe: the anti-corruption campaigns of president Xi Jinping.
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