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China Q2 GDP strong but weakness ahead

Economists warn that investment in the private sector has failed to keep up

Published Fri, Jul 15, 2016 · 09:50 PM

Beijing

CHINA'S economy grew faster than expected in the second quarter, propped up by a credit binge and a strong property market.

Nonetheless, economists warn that investment in the private sector has failed to keep up and will weigh on growth in the following quarters. The property sector has also shown signs of weakness, with the rise in prices slowing in June.

In th…

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International

International

China Q2 GDP strong but weakness ahead

International

Bank of Japan’s Ueda says ‘very likely’ to hike rates if inflation keeps rising

Colombian fund managers eye US$750 million fee bonanza after senators tweak pension bill

Fed survey cites inflation, US election as key financial stability risks

Oil prices steady after Iran plays down reported Israeli attack

G7 pledges swift aid for Ukraine, seeks to calm Middle East

H5N1 strain of bird flu found in milk: WHO

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