China Recorded Strong Recovery in 2Q20 but Domestic Demand Remained Weak. Risks Skewed to Downside in Second Half

<p>GDP expanded +3.2% y/y in 2Q20, beating consensus of +2.4%. From a quarter ago, the expanded jumped+11.5%. Concerning major macroeconomic indicators in June, industrial production (IP) rose +4.8% y/y in June, in line with expectations and accelerating from +4.4% in May. Urban fixed asset investment (FAI) declined -3.1% y/y in the first half of the […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/action-insight/china-watch/311590-china-recorded-strong-recovery-in-2q20-but-domestic-demand-remained-weak-risks-skewed-to-downside-in-second-half/">China Recorded Strong Recovery in 2Q20 but Domestic Demand Remained Weak. Risks Skewed to Downside in Second Half</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>