Swiss Economicblogs.org
We expect the authorities to adapt fiscal and monetary policies to deal with downward risks to growth prospects.Chinese GDP for Q2 came in at Rmb22.0 trillion (about USD3.4 trillion), rising 6.7% year-over-year (y-o-y) in real terms. This represents a moderate deceleration from Q1 (6.8% y-o-y), largely in line with our expectations (see chart). For the first two quarters of the year as a whole, the economy expanded by 6.8% compared to the same period last year.The data show that China’s...
Read More »Chinese growth moderates as expected
