Salient to Investors:
Tao Dong at Credit Suisse said China has been a very narrowly based recovery, predominantly driven by infrastructure investment, which is also apparently slowing down.
Goldman Sachs, Royal Bank of Scotland, and JPMorgan Chase cut estimates for 2013 expansion to 7.8 percent.
Qu Hongbin at HSBC expects China to respond strongly to sustain the economic recovery by increasing efforts to boost domestic investment and consumption in the coming months.
Read the full article at http://www.bloomberg.com/news/2013-04-23/china-s-manufacturing-growth-slows-as-economic-recovery-falters.html
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