July activity indicators and credit data suggest that the ongoing recovery hasn’t gained a strong foothold yet

Publicada el miércoles, 13 de agosto de 2014 | Actualizada el miércoles, 13 de agosto de 2014

July activity indicators and credit data suggest that the ongoing recovery hasn’t gained a strong foothold yet

China's economic activity moderated in July due to softened domestic demand and credit growth surprised to the downside substantially. We expect the authorities will continue the stimulus policies to maintain economic growth in the second half of 2014.

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