综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Business / Economy

StanChart foresees better Chinese economy in H2

(Xinhua) Updated: 2012-07-17 10:47

HONG KONG -- China's economy continued to decelerate in the second quarter of 2012 but will stabilize and recover in the second half this year with the help of stimulus measures, Standard Chartered said in a report released Monday.

The report, titled The Renminbi Insider, China's Better Half, said China's GDP growth slowed to 7.6 percent year-on-year in the second quarter from 8.1 percent in the first quarter. However, measures to curb the downside have already been implemented - notably, lower interest rates and more infrastructure spending - which should result in a mild recovery in the third quarter.

Based on the figures released recently by the Chinese National Bureau of Statistics, fixed asset investment growth accelerated to 21 percent year-on-year in June from 20 percent in May, while retail sales remained robust at 13.7 percent year-on-year in June. The labor market is also solid.

"We believe this set of data supports our view that Q2 will be the slowest quarter for this year, but Q3 will only be marginally better," the report said.

Standard Chartered also expected further ease of onshore liquidity pressures in China, with the estimation of three more reserve requirement ratio cuts and one more interest rate cut in the second half.

"With lower interest rates and more infrastructure spending, we expect a gradual economic recovery in Q3 and a better second half for China. The economy will not coming roaring back, but it will at very least stabilize and should regain a little bit of momentum," said the report.

Hot Topics

Editor's Picks
...
安阳县| 寻乌县| 监利县| 库尔勒市| 岳阳市| 昭平县| 西乌珠穆沁旗| 军事| 翁源县| 大安市| 海林市| 深泽县| 武穴市| 龙游县| 长子县| 安岳县| 驻马店市| 杨浦区| 彭州市| 西畴县| 固安县| 巴彦县| 即墨市| 万全县| 景宁| 武乡县| 读书| 普安县| 西昌市| 密山市| 纳雍县| 长治县| 黄冈市| 峨眉山市| 津市市| 洱源县| 甘洛县| 汝州市| 龙井市| 定南县| 青河县|