Chinas Economic Growth Quickens to 7.5% in 2nd Quarter Reuters | July 15 — Chinas economy grew 7.5% between April and June from a year earlier, slightly above expectations and quickening from the 7.4% pace in the first quarter, reinforcing hopes that a recovery is under way after a flurry of government stimulus measures. Fixed asset investment, a mainstay driver of the Chinese economy, climbed 17.3% in the first six months compared with a year earlier, above forecasts for a 17.2% rise. Retail sales rose 12.4% in June from a year ago, in line with analysts predictions.…
Posted on: Wed, 16 Jul 2014 03:03:17 +0000
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