China's GDP Growth Stayed at +6.9% in 2Q17, On Track to Reach 2017 Target
AshelyYxibChina's macroeconomic data for 2Q17 surprised to the upside. Released earlier in Asia session, China's GDP expanded +6.9% y/y in 2Q17, same pace as the prior quarter but above consensus of +6.8%. Economic activities in June continued to improve. Industrial production growth accelerated to +7.6% y/y in June, beating consensus of and May's +6.5%.
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China's GDP Growth Stayed at +6.9% in 2Q17, On Track to Reach 2017 Target
