The Trader 

Market Outlook: China GDP sets new record low

The Trader

Expectations had been managed lower, what with the trade spat and waning property demand. Second quarter growth was a new record low 6.2 per cent from the same time last year, down from Q1’s 6.4 per cent, which in turn had been the record low in Q1 2009. The series was first calculated in 1992, with a record high of 15.3 per cent growth in Q1 1993. In Q2 2007 it managed 15 per cent growth, followed by another peak at 12.2 per cent in Q1 2010. Meanwhile the Financial Times reports that Hong Kong’s chief executive Carrie Lam has offered to resign several times but Beijing has refused to let her step down because she ‘has to stay to clean up the mess she created’.  

To continue reading, register today

to enjoy limited access to the following:

  • Daily trading news
  • Funds coverage
  • Features on big investment themes
  • Comprehensive companies coverage
  • Economic analysis
Subscribe to Investors Chronicle

Related topics

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now