China May data to suggest economy steadying but not perking up: poll

A flurry of data from China in coming weeks is expected to reinforce views that the world's second-largest economy is slowly steadying but not gaining momentum as investors hoped just a few months ago, a Reuters' poll of economists showed. Increased government infrastructure spending and a housing recovery are supporting growth even as Beijing appears to be pulling in the reins on a record credit binge amid worries about the dangers of using too much debt to stimulate the economy. With the econo