'China reliant on investment spending to deliver GDP growth'
China has become increasingly reliant on investment spending to deliver GDP growth, which reflects the way in which the exceptionally large credit stimulus was implemented after the Lehman crisis, financial services firm Citi's Emerging Markets Macro and Strategy Outlook has said.
China is planning to seek more private investment in an apparent bid to balance its path to economic recovery, which so far has relied heavily on government spending, state media said Thursday.