A worker installs models in preparation for a real estate exhibition in Shanghai

A worker installs models in preparation for a real estate exhibition in Shanghai March 14, 2013. China began 2013 with the same old economic model. Growth for the first two months of the year was driven mainly by exports and real estate. The increase in construction appears to have been fuelled by credit. The current trajectory can continue only by pumping ever more leverage, and risk, into the system. REUTER/Aly Song (CHINA – Tags: BUSINESS REAL ESTATE) – RTR3EYWL

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