China Braces for Economic Growth to Fall Below 6%

(Bloomberg) — Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. China’s policy makers are preparing for two key policy meetings in the coming weeks with fresh evidence that sooner rather than later, the number for gross domestic product growth will start with a 5.Data released Friday showed an economy expanding at just 6.0%, the slowest in almost three decades, and with broad investment growth too tepid to rely on an upturn down the road.People’s Bank of China Governor Yi Gang responded to the data not by hinting at much greater …read more

Source:: Yahoo Finance

      

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