Press "Enter" to skip to content

China’s economy improved “modestly and unsustainably” in Q2 – China Beige Book

CHECK THE WIRE FOR REAL-TIME NEWS UPDATES

China’s economy improved "modestly and unsustainably" in the second quarter of this year fuelled by borrowing, with shadow finance rocketing, and Beijing is likely to introduce more stimulus if the economy weakens further according to the quarterly Beige Book report.

The manufacturing and retail sectors outperformed, with policy support allowing manufacturers to borrow cheaply and the retail sector seeing strong profits and sales volumes. However, the downside risks to the economy look more serious, the research firm wrote, referring . . .

To continue reading, please subscribe. You will get

  • Original and in-depth reporting on China's economy and financial markets 
  • Details, data and perspectives you don't read elsewhere
  • THE WIRE - a Real-Time News platform that delivers everything important about China's economy, companies, stocks, bonds, commodities and the yuan.
  • Daily Brief newsletters to get you prepared for every trading day

 

FREE TRIAL cancel any time

We highly value independence. We are solely funded by subscriptions from thousands of readers like you.  

Already have an account? Sign In

 

Top