BEIJING — China posted on Monday lower than expected growth in the second quarter, with all eyes on how top officials gathering for a key meeting in Beijing might seek to tackle the country's deepening economic malaise.
BEIJING — China posted on Monday lower than expected growth in the second quarter, with all eyes on how top officials gathering for a key meeting in Beijing might seek to tackle the country's deepening economic malaise.The world's second-largest economy is grappling with a real estate debt crisis, weakening consumption, and an ageing population.
But, he said, 'while the case for reform is high, it's unlikely to be a particularly exciting affair.''Instead, we expect a modest policy tweak that expands high-tech manufacturing and delivers a sprinkling of support to housing and households,' he added.
Growth Disappoints Third Plenum Results Awaited
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