Chinese Economy Grows at Slower Pace in Q2 2024, Prompting Calls for Stimulus Measures
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#82a19eb3 ver:0.72

China's economy grows at a slower pace in Q2 2024, prompting calls for stimulus measures. GDP expands by 0.7% Q/Q and 4.7% Y/Y, with weak consumer demand and declining property investment. Industrial production remains steady. Concerns rise for fiscal and monetary stimulus as the Communist Party meets. Chinese yuan modestly declines to USD/CNY 7.26. #ChinaEconomy #GDP #StimulusMeasures...

#newstr #ChineseEconomy #Q2Growth #RetailSales #PropertySector #IndustrialProduction #FiscalStimulus #MonetaryStimulus 

 https://here.news/story/82a19eb3?ver=0.72