You are here

China growth slows to 6.9% in Q2: survey

Slowdown in investment and trade said to have weighed on the economy, as the government diversifies growth away from big-ticket projects to consumers
Monday, July 13, 2015 - 05:50

BT_20150713_KVCHINA13_1770744.jpg
Analysts say new restrictions on local government debt and finance vehicles have limited lower-level authorities' ability to fund infrastructure projects in China. Stock market turmoil could create new risks in China's financial system too.

Beijing

CHINA's GDP growth likely slowed further in the second quarter, an AFP survey has found, as a slowdown in investment and trade weighed on the world's second-largest economy.

The median forecast in a poll of 14 economists indicates gross domestic product (GDP) expanded 6.9

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom