1. China’s Q2 economic growth to be stable: Statistics bureau

China’s Q2 economic growth to be stable: Statistics bureau

China expects second quarter economic growth to be stable, though exports face pressure from global uncertainties, a spokesman for the statistics bureau said on Monday.

By: | China | Published: June 13, 2016 11:21 AM
China, china economy, china economy news, economy of china, china economy latest, world news, economy updates Growth in China’s fixed-asset investment slipped below 10 percent for the first time since 2000, while retail sales growth also slowed, the National Bureau of Statistics announced earlier in the day. (Reuters)

China expects second quarter economic growth to be stable, though exports face pressure from global uncertainties, a spokesman for the statistics bureau said on Monday.

Growth in China’s fixed-asset investment slipped below 10 percent for the first time since 2000, while retail sales growth also slowed, the National Bureau of Statistics announced earlier in the day.

Statistics bureau spokesman Sheng Laiyun also said China’s authorities are prepared to deal with a possible U.S. Federal Reserve interest rate increase.

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