China’s economy slowed in the last quarter as weak consumer demand dragged on growth
BANGKOK (AP) — China’s economy expanded at a slower-than-forecast 4.7% annual rate in the last quarter, the government reported Monday,…
BANGKOK (AP) — China’s economy expanded at a slower-than-forecast 4.7% annual rate in the last quarter, the government reported Monday,…
China says its economy expanded at a slower-than-forecast 4.7% annual rate in the last quarter. That was sharply below the 5.3% annual pace of growth seen in the first quarter of the year. Economists say weak consumer demand and reduced government spending are dragging on growth. The economy grew at a 5% pace in the first half of the year, at the government's target of around 5%. The update Monday on the state of the economy came as leaders of the ruling Communist Party gathered for a once-a-decade... Читать дальше...
The stock was off highs and was trading merely 0.59 per cent higher at Rs 4,982.55 per share, at 9:57 AM. In comparison, BSE Sensex was trading 0.15 per cent higher at 80,643.32 levels
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The 30-share BSE Sensex was up 95.67 points at 80615.01