摘要
In the second quarter of 2018, the Chinese economy grew at 6.7 percent which is in line with expectations and marginally slower than the 6.8-percent growth recorded in the previous three quarters. Growth during the first half this year also stands at 6.7 percent. Amidst the ongoing trade war with the United States, as of July 27, the renminbi (RMB) has fallen 8.2 percent against the dollar since April 2. Having fallen below 3,000 in June for the first time in two years.
In the second quarter of 2018, the Chinese economy grew at 6.7 percent which is in line with expectations and marginally slower than the 6.8-percent growth recorded in the previous three quarters. Growth during the first half this year also stands at 6.7 percent. Amidst the ongoing trade war with the United States, as of July 27, the renminbi (RMB) has fallen 8.2 percent against the dollar since April 2. Having fallen below 3,000 in June for the first time in two years.