June-quarter GDP grew 10.3% y-o-y, according to the National Statistics Board, a 1.6 percentage point decline from an 11.9% growth recorded in the first quarter. After showing robust growth in the firrst quarter, China’s economy has started to cool in the second quarter.
For more details on Credit curbs implemented in China in late 2009 directed at property sector: fatal blow to petrochemical sector click here
Tuesday, July 20, 2010
Credit curbs implemented in China in late 2009 directed at property sector: fatal blow to petrochemical sector
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