The Chinese economy continued to slow in April, prompting predictions of more fiscal and monetary stimulus from Beijing, much of which is likely to boost its booming stock market.
Fixed asset investment, a key driver of the economy, expanded by 12 per cent in the first four months of the year from a year earlier, the slowest pace since 2000 and down from 13.5 per cent in the first quarter.
That was driven largely by sliding investment and construction in the crucial real estate sector, which is suffering from oversupply and tepid demand.
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