China's GDP Grew +7% in First Quarter, Aggressive Easing Needed to Meet Full Year Target

10:34 PM No Comments

The latest series of data reaffirms that the growth momentum in China has deteriorated. The closely watched GDP growth slowed to +7% y/y in 1Q15, the slowest pace since 4Q09 and down from +7.3% in the prior quarter. Whilst this came in line with expectations, the government would have to



Continue Read...