Just how bad is China's economy?

China recorded only a mild slowdown in its economy to 7.6% for the second quarter, but many questions remain.

China released a confusing set of economic data on Friday, comprising numbers that many argued didn’t add up. The economy only recorded a mild slowdown to 7.6% in the second quarter from 8.1% in the first, even though industrial production, an important contributor to gross domestic product, remained weak.

Electricity consumption, which was reportedly tipped by premier-in-waiting Li Keqiang as a more reliable figure than GDP, was flat, while car production decelerated in June....

To continue reading, please login or register for free

Print Edition

FinanceAsia Print Edition