GDP Growth within Expectation, Macroeconomic Policy Might Be Adjusted in the Next Half
ANBOUND
In the first half of this year, China's GDP rose 7.6% year-on-year. In the first quarter, the country’s GDP rose by 7.7% while it rose by 7.5% in the second quarter. The growth did not exceed the market expectation but there is risk of an economic stall. If everything goes smoothly, there will be no significant changes in China’s macroeconomic policy in the latter half. But minor adjustments of the policy are foreseeable.