China with only a Q1 growth of 6.3% and being the slowest growth in 27 years is still laughing at us since advanced economies can't even consistently attain 3%. No stimulus needed!
China first-quarter GDP growth seen cooling to 6.3 percent, but March may suggest rebound - poll
China’s first-quarter economy growth likely cooled to the weakest pace in at least 27 years, a Reuters poll showed, but a flurry of measures to boost domestic demand may have put a floor under slowing activity in March.Signs of improvement in the world’s second-largest economy would add to growing optimism that Washington and Beijing are nearing a trade deal, reviving business confidence and easing worries of a significant slowdown in global growth. But analysts do not expect a sharp rebound in China’s economy like recoveries in the past, which created a strong reflationary pulse worldwide, noting its latest stimulus measures have so ... (full story)
- Posted: Apr 15, 2019 5:06am
- Submitted by:Category: Fundamental AnalysisComments: 1 / Views: 1,322