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Cooling. Demand at home and abroad continues to falter the latest Quarterly Results are in line with expectations they show state support is finally kicking in but that more stimulus will be needed as chinas trade conflict with the United States rages on. In the past 3 decades the chinese economy has undergone an extraordinary transformation developing from an inward looking agrarian based society to a Major Industrial powerhouse growth has been rapid for years double digits were the norm now the pace of expansion is slowing down in the last quarter g. D. P. Rose by 6. 2 percent solid by many standards but for china the worst performance since the early 1990 s. The governments been keen to offer reassurance but doesnt deny there are problems with some. From bunyan generally speaking Economic Performance in the 1st half of
the year was within a reasonable range and has sustained momentum and overall stability. However we should also be aware that the Economic Conditions are still severe
CoolingChinaSpacePerformanceGdpExpansionStandards6-2ProblemsSomeReassuranceDoesn-t