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Published on Wednesday, June 14, 2017 | Updated on Sunday, May 13, 2018

China | Economic moderation continues

After registering a stronger-than-expected performance in Q1, Chinese economy continued its moderation in May, reflected in a batch of important activity indicators reported today. Growth moderation is partly due to the authorities’ monetary prudence targeted at shadow banking and the overheating property market. We maintain our growth projection of 6.3% for 2017.