16 Jul 2014
Chinese GDP in line with expectations – Danske Bank
FXStreet (Edinburgh) - Lars Christensen, Chief Analyst at Danske Bank, assessed the recent results from the Chinese economy.
Key Quotes
“This morning we got a number of Chinese data releases, most importantly Chinese GDP growth in Q2”.
“More or less in line with the consensus expectation Chinese GDP grew 7.5% y/y – up from 7.4% y/y in Q1”.
“Retail sales, industrial production and fixed asset investment were also released this morning. Overall they came in slightly better than expected and generally indicate a continued pick-up in Chinese economy growth”.
Key Quotes
“This morning we got a number of Chinese data releases, most importantly Chinese GDP growth in Q2”.
“More or less in line with the consensus expectation Chinese GDP grew 7.5% y/y – up from 7.4% y/y in Q1”.
“Retail sales, industrial production and fixed asset investment were also released this morning. Overall they came in slightly better than expected and generally indicate a continued pick-up in Chinese economy growth”.