Chinese growth thumps along

David Llewellyn-Smith

Monday 17 July 2017

Chinese June QTR growth figures are out and were glowing. GDP was steady at 6.9%:

For June, industrial production surged to 7.6%, fixed asset investment was stable at 8.6% and retail sales were up 11%:

Turning to realty, June defied tightening with a big rebound. Floor area sales lift to 16.1%:

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.