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China Trade Data Underwhelms Ahead Of GDP

From sharecafe.com.au

China is expected to report its slowest economic growth in at least 27 years later today when it reveals its June quarter and first half (for 2019) GDP figures. Economists say June quarter growth could fall to an annual rate of 6.2%, down from the March quarter’s 6.4%. That was a quarter on quarter growth rate of 1.4%. An annual rate of 6.2% will give a rate for the first half of 2019 around 6.3% unless there are any revisions. The slowing pace of growth was underlined Friday by the relatively weak June quarter trade data. Chinese exports fell 1.3% in June from a year ago while imports fell 7.3% in the same period, ... (full story)

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  • Category: Fundamental Analysis