China's Li: Maintinaing economic growth of 6% difficult

Omkar Godbole FXStreet Contributor

The Chinese economy is facing downward pressure due to slowing global growth and the rise of trade protectionism and maintaining an economic growth of 6% or more is becoming difficult, China's Premier Li said on Monday.

China's gross domestic product grew 6.2% in the June quarter, marking its slowest pace since the first quarter of 1992.

Author

Omkar Godbole

FXStreet Contributor

Omkar Godbole, editor and analyst, joined FXStreet after four years as a research analyst at several Indian brokerage companies.

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