China index: Property helps slowdown drag on
By Katrina Hamlin
The author is a Reuters Breakingviews columnist. The opinions expressed are her own.
Our indicator stalled at 90.8 in April, just a touch up on March. The home front still looks sluggish. Rail cargo and truck sales fell while exports were flat. Property was a drag: average monthly sales growth from January to April was 17 pct, down from 22 pct last year.