China GDP to test reformers’ stomach for weaker growth

China’s resolve to revamp its economy for the long-term good will be tested this month when a slew of data show growth is grinding towards a 23-year low, with no recovery in sight.

The median forecast of 21 economists polled by Reuters show China’s economy likely grew 7.5 per cent between April and June from a year ago, slowing from the previous three months as weak demand dented factory output and investment growth.

via Business feed http://www.scmp.com/business/economy/article/1277875/china-gdp-test-reformers-stomach-weaker-growth