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Commenting on China’s Q2 economic growth beating expectations PDF Print E-mail
Monday, 17 July 2017
Commenting on China’s Q2 beating expectations, Shilen Shah, Bond Strategist at Investec Wealth & Investment, said: “The better than consensus print for Chinese Q2 GDP (6.9% vs. 6.8%) suggests that the economy is maintaining momentum with both industrial output and fixed asset investment somewhat stronger than estimates. Despite concerns over China’s so called shadow banking system, the global economic recovery seems to have supported Q2 GDP. Retail sales were somewhat stronger; however, the underlying data suggests that external demand and capex remain the key drivers of growth.”  
 

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