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China May Grow Above 5% In H2: Journal

CHINA PRESS
MNI (Singapore)

China’s economic growth is expected to return to above 5% in the second half of the year, with pro-growth policies kicking in to fill the gap from March to mid-May, the China Securities Journal reported citing analysts from HUAXI Securities. Recent high-frequency data, such as a narrowing decline in crude steel output, rebounding power generation and the vehicle logistics index, show that the resumption of production is accelerating in May, the newspaper said. Growth will recover significantly in Q3, mainly driven by accelerated infrastructure investment, the newspaper said citing analysts.

Energy BulletsCommodities
Energy BulletsCommodities

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