La China slows down, but does not worry the markets. In the second quarter the GDP of the Dragon grew by 7,6%. It is about lowest percentage in the last three years: growth was 8,1% in the first three months of the year. The data were released today by the Chinese National Bureau of Statistics, which specified that in the first half of the year the growth of the second world economy was equal to 7,8%.
Weight the decline in exports and the real estate sector. But the economic situation should now change sign: since May there has been a huge growth of public investment, confirming that Beijing has decided to give domestic demand a boost.
The prediction was shared by the markets: Tokyo 0,14% salt, the Hang Seng of Hong Kong by 0,45%. The feeling is that China can now quickly apply new stimulus to the economy.
