As China prepares to announce what will probably be disappointing second-quarter GDP numbers on July 15, here’s the latest big question in Beijing: Will China’s new leaders hang tough with plans for sweeping economic reforms? Or will they opt instead for more pump-priming, to rev up lackluster growth?
A Bloomberg survey of economists expects the economy to grow 7.5 percent in the three months from April through June, down from 7.7 percent growth the previous quarter.
On July 10, China’s customs administration announced that exports fell 3.1 percent in June, the first drop since the global financial crisis.
Read more... China’s manufacturing and service sectors
Aucun commentaire:
Enregistrer un commentaire