China’s Beige Book: Modest improvement in China’s economy in Q2

Dhwani Mehta FXStreet

The latest quarterly Beige Book highlights the modest improvement in China's economy in Q2.

Main Points:

Manufacturing and retail sectors outperforming

Looking ahead, risks are more serious though:

Capex is flat

Record levels of inventories.

Shadow finance increasing.

Surprise inflation pressures.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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