China Q2 GDP seen steady at 7.4pc
Tuesday, 8 July 2014
BEIJING, Jul 7 (Reuters): China's economy probably steadied in the second quarter with annual growth holding firm at 7.4 per cent, a Reuters poll showed, suggesting that a recovery is taking hold as a flurry of government stimulus measures kick in.
All but three of the 21 analysts polled by Reuters predicted that growth either stabilised or edged up between April and June, reinforcing the view that authorities have successfully arrested a cooldown with a modest loosening in policies.