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In the last 12 months, the Chinese economy has experienced the same growth as the Dutch economy. Monday morning, economic growth statistics came in the last quarter and, as usual, they arrived in decimals
– China is facing a very complex and difficult situation in China and China. foreign, said the spokesman.
Fear of Commercial War
China's economic growth has been consistently between 6.7 and 7 percent in the quarter since 2015. The previous three quarters were 6.8 percent growth and Monday morning growth for the second quarter, which ended at 6.7%
was as expected – and provided the stability that the Chinese authorities want. This is also the weakest growth in the Chinese economy since the third quarter of 2016, when China has completed three consecutive quarters with economic growth of 6.7%
"Export growth is will cool when the US criminal court will begin to bite. "The request," writes Capital Economics in a report
This is in line with what the State Information Center (SIC) information center has declared recently. The economists of the think tank concluded in a report that there is a clear risk in the markets and that demand will be reduced
– A bit difficult at present
UBS believes that the authorities Chinese and the central bank will help in the coming months. to reduce the effects of the trade war with the United States, which began on 6 July. They set a growth target of 6.5 percent for the year.
China's industrial output rose 6 percent in June – up from the expected 6.5 percent. Retail trade grew by nine percent. It was as expected. As usual, there is some skepticism about how China can provide economic growth statistics with decimal prices – only two weeks after the end of the quarter and without revision, like most other countries
. "It's a bit difficult at the moment." China is trying to commit to debt reduction At the same time, there is a risk of a more moderate growth in the economy , says economist Hao Zhou of Commerzbank at CNBC (Terms)
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