China’s Economic Performance in the First Half of 2018
In the first half of 2018, China’s real GDP grew by 6.8% YoY, showing that the Chinese economy continued its steady growth. Although the growth rate of investment and consumption, which are measured by the investment in fixed assets (FAI) in the whole society and the total retail sales of social consumer goods, respectively, dropped to the lowest in recent years, the domestic demand reflected by total asset formation and final consumption expenditure was not weak.
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