Free Trial

China Q2 GDP May Slow to 8% with More Growth Pressure in H2: Yicai

CHINA PRESS
MNI (Singapore)

China's GDP growth may slow to 8.0% y/y in Q2 from Q1's 18.3% given the eased base effect, and that the resurgence of the epidemic and rising commodity prices slowed the recovery of consumption and manufacturing investment, Yicai.com reported citing Luo Zhiheng, deputy dean of the research institute of Yuekai Securities. The pressure of stabilizing growth will increase in H2, as supply constraints and rising costs in the supply side, as well as high leverage and weak spending in the demand side both limit economic growth, the newspaper said citing Wang Jun, chief economist of Zhongyuan Bank.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.