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China GDP data - here's the 'whisper' (from Premier Li Keqiang, no less)

Chinese Q2 GDP data is due today ( along with a stack of other data )

As far as getting a hot tip on what it'll be, its difficult to go past the head honcho over there, Premier Li Keqiang

  • He spoke on Wednesday to a European Union-China summit
  • Said China's economy is "basically stable"
  • That it is on course to meet its major targets this year
  • And that Q2 GDP is likely to be close to the 6.7% recorded for Q1

Regardless of what the real rate of growth in the Chinese economy is (an endless discussion point), the announcement should come within a whisker of 6.7% (the consensus of analysts etc. is at 6.6%).

You know it works, right?

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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