403
Sorry!!
Error! We're sorry, but the page you were looking for doesn't exist.
Chinese economic growth retreats in July
(MENAFN) In July, China's economic growth showed signs of fading as lending costs increased and the property market cooled.
In details, industrial output, investment, retail sales and trade all grew less than expected last month after it put in a surprisingly strong showing in the first half, adding fuel to a global recovery.
Julian Evans-Pritchard, China economist at Capital Economics said: "The upshot is that both foreign and domestic demand appear to have softened at the start of the third quarter."
In details, industrial output, investment, retail sales and trade all grew less than expected last month after it put in a surprisingly strong showing in the first half, adding fuel to a global recovery.
Julian Evans-Pritchard, China economist at Capital Economics said: "The upshot is that both foreign and domestic demand appear to have softened at the start of the third quarter."
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept any
responsibility or liability for the accuracy, content, images, videos,
licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright issues
related to this article, kindly contact the provider above.
Comments
No comment