17 Jul 2018
International Economy
While China’s government policies have constrained growth in some economic sectors, its GDP report for 2Q18 indicated ongoing growth overall, reaching 6.7 percent YoY compared to the 6.8-percent pace reported for 1Q18. Considering growth components, the factors pressuring economic growth include the government’s measures to supervise risks associated with the property sector and local governments’ investments. As a result of such measures, growth of investments in durable assets dropped from 7.5 percent YoY in 3M18 to 6.0 percent YoY in 6M18.... Read more
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