Search

Client support: Phone: +357 (22) 008796

News

Show news:


19.07.2019 09:38

China: Annual growth decelerating - Westpac

Analysts at Westpac, notes that China’s Q2 GDP was on expected lines with annual growth decelerating to 6.2%.

“Support from net exports abated, putting the onus for growth more on domestic demand. While consumption has received support from tax cuts, it is evident in the PMI detail that employment growth is under pressure. As a result, for both the short and long-term, investment is critical. Momentum in real estate investment is strong, but public infrastructure and private business investment remain weak. The credit data points to local governments accumulating funding, and so a lift in infrastructure work can be expected shortly. However, private sector investment looks set to remain weak absent greater liquidity and reduced cost for banks, as well as strong encouragement by authorities to lend to these firms.”

Market Focus

January 2020
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • 2009
  • 2008
  • 2007
  • 2006
  • 2005
  • 2004
  • 2003
  • 2002

Quotes

All posted material is a marketing communication solely for informational purposes and reliance on this may lead to loss. Past performance is not a reliable indicator of future results. Please read our full disclaimer.

To maximize our visitors browsing experience TeleTrade uses cookies in our web services. By continuing to browse this site you agree to our use of cookies. If you disagree, you may change your browser settings at any time. Read more

  • To maximize our visitors browsing experience TeleTrade uses cookies in our web services. By continuing to browse this site you agree to our use of cookies. If you disagree, you may change your browser settings at any time. Read more

    © 2011-2020 TeleTrade DJ Limited

  • Risk Warning: Trading Forex and CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work both to your advantage and disadvantage. There is a possibility that you may lose all of your initial investments, so you should not risk more than you are prepared to lose.

  • Prior to trading you should make sure you fully understand all the risks involved and take into consideration your level of experience and financial situation. TeleTrade strives to provide you with all the necessary information and protective measures, but if the risks seem still unclear to you, please seek independent advice.

  • The information presented on this website should not be perceived as a basis for investment decision making and is intended solely for informational purposes.

Connect with Us
Share on
social networks
Online
consultant
Request a callback
Top Page