Investment Week (July 17)
2023/ 07/ 17 by jd in Global News
“Chinese growth in the second quarter of 2023 reached just 0.8%, down from a quarter-on-quarter growth rate of 2.2% in March.” Last quarter’s “underwhelming growth” is likely to increase “the chances of further government intervention into the economy, following the People’s Bank of China’s move to cut interest rates last month.” It may also “stoke expectations of further government efforts to stimulate the economy to ensure the 5% growth target is reached for the year.”
Tags: Target
