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Think tank forecasts China Q3 growth at 6.8%

From china.org.cn

China's economy is predicted to expand 6.8 percent in the third quarter, drawing strength from the country's supply-side structural reforms, property market recovery and global economic improvements, according to a government think tank report. The predicted growth by the Chinese Academy of Social Sciences (CASS) is slightly lower than the 6.9-percent expansion seen in the first half of the year, but still well above the government annual target of 6.5 percent. The GDP growth rate for the third quarter is due to be released on Oct 19. CASS estimates that the country's industrial output and consumption will continue ... (full story)

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  • Category: Fundamental Analysis