Declining property investment the key to China's slowdown

The worry of the week this week is the mainland's export performance. After the country recorded year-on-year export growth of just 2.7 per cent last month a bevy of analysts have warned that continued weakness will weigh further on already slumping economic growth.

Slower shipments are certainly a concern for exporters, and troubling news for policymakers worried about the millions of manufacturing jobs at risk if export growth falls any more.

But weaker exports are not the principal cause of the slowdown in the overall growth rate that we've seen over recent quarters.

via Business feed http://www.scmp.com/business/article/1036300/declining-property-investment-key-chinas-slowdown