China Q2 GDP growth slows to 4.3%, below target range – Standard Chartered
Standard Chartered economists note China's Q2 GDP growth slowed to 4.3% year-on-year, falling below the 4.5–5.0% target range, with domestic demand remaining weak.
Standard Chartered economists Hunter Chan and Shuang Ding have commented on China's second-quarter economic performance.
According to their analysis, GDP growth moderated to 4.3% year-on-year, which is below the government's target range of 4.5–5.0%. The slowdown is attributed to persistent weakness in domestic demand.
The full report is available for further details.
Source: FXStreet Forex News