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China will not use property as vehicle for stimulus
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China s fiscal revenue growth likely to slow sharply in H2 – ministry official | Hellenic Shipping News Worldwide
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China says it will continue to open up financial sector | Hellenic Shipping News Worldwide
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China s fiscal revenue growth likely to slow sharply in H2 – ministry official
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China’s economic recovery loses some steam, investors eye more policy easing
China’s economy grew slightly more slowly than expected in the second quarter, weighed down by higher raw material costs and new COVID-19 outbreaks, as expectations build that policymakers may have to do more to support the recovery.
Gross domestic product (GDP) expanded 7.9% in the April-June quarter from a year earlier, official data showed on Thursday, missing expectations for a rise of 8.1% in a Reuters poll of economists.
Growth slowed significantly from a record 18.3% expansion in the January-March period, when the year-on-year growth rate was heavily skewed by the COVID-induced slump in the first quarter of 2020.