Matthews Asia: China's Rebalancing ContinuesGuest Post
China's Rebalancing Continues by Andy, Matthews Asia
The rebalancing of China’s economy continued in the second quarter of this year, as services and consumer spending drove more growth than industry and construction. The inevitable deceleration of most year-on-year (YoY) growth rates also continued, but a booming stock market provided a temporary lift to headline GDP growth.
China’s GDP growth of 7% YoY for 2Q15—level with the . . .
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