China’s economy churned out growth of 6.7%y/y in Q2. Even if it’s the slowest pace since 2016 it’s still healthy by anyone’s standards, according to analysts at RBS. Key Quotes “But that’s not the biggest concern. Efforts to rein in credit are starting to bite with signs of waning domestic growth momentum. The last time that happened in 2015 things got a little ugly. Wary of growth slowing too much the central bank has loosened policy a little in recent weeks. The bigger test will be the government. Is it willing to stay the course and shake the economy from its credit addiction? At least the global trade landscape is looking solid.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next UK Brexit Sec Raab: Brexit bill may differ from estimated 35-39 bln GBP FX Street 5 years China's economy churned out growth of 6.7%y/y in Q2. Even if it's the slowest pace since 2016 it's still healthy by anyone's standards, according to analysts at RBS. Key Quotes "But that's not the biggest concern. Efforts to rein in credit are starting to bite with signs of waning domestic growth momentum. The last time that happened in 2015 things got a little ugly. Wary of growth slowing too much the central bank has loosened policy a little in recent weeks. The bigger test will be the government. Is it willing to stay the course and shake the economy from… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
