The downward pressure on GDP growth has eased a bit and the economy has rebounded somewhat, mainly because of government investment in infrastructure and the real estate speculation despite a lack of domestic residential demand. Therefore, the state of China’s economy remains a mixed picture.

Driven by factors such as unprecedented financing growth and increased investments by governments, the economy in the first quarter showed an obvious marginal improvement, which could maintain until June. The price includes an excessive money supply, a rising leverage level and the structural aggravation, therefore, doubts remain whether such improvements could sustain for the long term.

Chinese Finance Minister Lou Jiwei sat down with The Wall Street Journal in Washington on the sidelines of a Group of 20 gathering of finance chiefs that he co-chaired.

China’s economy grew at 6.7 per cent in the first quarter of 2016, down slightly from the end of last year but comfortably within the government’s targeted range, as housing and infrastructure cushioned a slowdown from financial services.

In a potentially ominous new development for businesses in Hong Kong, new worries and ensuing protests have arisen over whether China’s treatment of dissent has now extended beyond its borders. Curtis S. China argues that leaders should recognize that transparent rule of law will be essential for business confidence and economic growth in the long run.

The World Bank says China's slowing economy will remain the main driver of growth in Asia this year, helped by sustained expansions in many developing economies.

China’s foreign exchange reserves gained US$10 billion in March, in a sign of abating panic over the prospects of the world’s second biggest economy and the outlook of its currency.

China’s central bank Governor Zhou Xiaochuan said the government will make efforts to expand the use of the International Monetary Fund’s basket of reserve currencies in its domestic economy.

Chinese leaders' emphasis on the "supply-side reform" could indicate a premature shift away from the consumer-led model back to China’s comfort zone of a producer model that has long been more amenable to the industrial engineering of central planning.

China’s 13th Five-Year Plan, an economic and social blueprint, could give important insights to U.S. companies planning China business strategies, by providing industry specific plans, local designations for free trade zones, and new policies across the country.