BEIJING—Economic growth in China likely slowed again in the second quarter, according to forecasts, reflecting a poor export performance and increasing signs that credit-driven growth has run its course.
It would be the second consecutive quarter the economy slowed.
Expansion of China’s gross domestic product likely decelerated to 7.5% on the year in the second quarter from 7.7% in the first, according to the median forecast of 18 economists surveyed. That would be the slowest pace since the third quarter of last year.
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Richard Silk, The Wall Street Journal via CHINA US Focus http://feedproxy.google.com/~r/ChinaUsFocus/~3/JhsJr-smmw4/
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