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Thought August 14, 2019 / 02:35 am UTC

China: Muted July Activity Points Toward Q3 Slowdown

By Jeff Ng
China’s economy slowed further in July compared to April to June. This poses downside risks to our 6.2% y/y GDP forecast in Q3, after the economy grew 6.2% in Q2. We see potential fiscal support should growth deteriorates further from current rates.