China NBS: Economy continues steady, improving momentum in H1 2017

Comments out from China’s National Bureau of Statistics (NBS), following the release of stronger-than expected Chinese growth numbers for the second quarter.

Key Points:

Economy continues steady, improving momentum in first half of 2017

H1 economic growth lays a solid foundation for achieving the full-year GDP target

Economy still faces uncertainties - international uncertainties, domestic structural problems

China data dump: Upbeat across all indicators

China's YoY GDP figures for the second quarter of 2017 came at +6.9% vs +6.8% exp and 6.9% previous, with the QoQ reading for Q2 coming in at +1.7% vs
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