China, the world’s second largest economy, is expected to post its weakest economic growth in at least 27.5 years on Friday, putting pressure on the Chinese authorities to roll out aggressive stimulus to counter the slowdown inducated by the trade war with China. Analysts polled by Reuters expect gross domestic product (GDP) to grow 6.1% in the July-September quarter from a year earlier, the slowest pace since the first quarter of 1992, the earliest quarterly data on record. The economy had grown by 6.2% in the second quarter. The government is targeting growth of 6-6.5% this year. The third quarter GDP is scheduled for release at 02:00 GMT. Many analaysts believe that China has little room left to stimulate the economy, courtesy of the piles of debt from the previous easing cycles. 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 Gold technical analysis: 200-bar SMA, six-week-old trendline exert downside pressure FX Street 4 years China, the world's second largest economy, is expected to post its weakest economic growth in at least 27.5 years on Friday, putting pressure on the Chinese authorities to roll out aggressive stimulus to counter the slowdown inducated by the trade war with China. Analysts polled by Reuters expect gross domestic product (GDP) to grow 6.1% in the July-September quarter from a year earlier, the slowest pace since the first quarter of 1992, the earliest quarterly data on record. The economy had grown by 6.2% in the second quarter. The government is targeting growth of 6-6.5% this year. The… 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.
