Chinese economic growth is 7.0 percent again in Q2
Similarly to Q1 results Chinese GDP has grown 7.0 percent between April and June – Hungarian Central Statistical Office informed on Wednesday.
Growth of the world's second largest economy slightly exceeded previous forecasts, still it at the slowest rate in 6 years.
According to experts Chinese economy is already over the hardest period thanks to different moderate economy-boosting actions, yet, they will need to implement further measures in order to stabilise the economical growth.
Lian Ping, analyst of Bank of Communications presumes that economical performance in China will be higher in the second half of the year than in the previous one. (MTI)
Related news
Can the lending boom continue next year?
The volume of retail loan agreements this year could even…
Read more >OECD upgrades global GDP growth forecast for 2025
The Organization for Economic Co-operation and Development (OECD) on Wednesday…
Read more >KSH: In the third quarter, the economic performance decreased by 0.7 percent compared to the same period of the previous year
The volume of Hungary’s gross domestic product (GDP) in the…
Read more >Related news
Technological advancements and business travel
The latest research from International Workplace Group (IWG), the leading…
Read more >K&H: a gift, but what and from which store?
When it comes to Christmas gift-giving, clothes are the most…
Read more >Eckes-Granini acquires fruit juice concentrate producer in Germany
Eckes-Granini, one of Europe’s leading juice producers, has acquired Wolfgang…
Read more >