China Shrugs Off Significant Concerns About the Financial Sector
The world's second-largest economy grew at a faster-than-expected pace in the second quarter.
China is shrugging off significant concerns for the country's financial sector.
The world's second-largest economy grew at a faster-than-expected pace in the second quarter. Solid factory output, robust exports and surging domestic spending drove the quarterly gain. China is looking to secure growth of 6.5% in 2017, lower than last year's 6.7%. China's steel output also hit a record in June as the U.S. mulls tariffs to combat charges of "dumping".
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