China's economy grows at slowest rate in 27 years
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China’s economic growth slowed to 6.2% in the second quarter, its weakest pace in at least 27 years, as demand at home and abroad faltered in the face of mounting US trade pressure.
While more upbeat June factory output and retail sales offered signs of improvement, some analysts cautioned the gains may not be sustainable, and expect Beijing to continue to roll out more support measures in coming months.
Business Day TV caught up with GS Investments CEO Glenn Silverman for his take.
While more upbeat June factory output and retail sales offered signs of improvement, some analysts cautioned the gains may not be sustainable, and expect Beijing to continue to roll out more support measures in coming months.
Business Day TV caught up with GS Investments CEO Glenn Silverman for his take.