Reuters Poll: China GDP seen cooling down in Q2

Results of the latest Reuters poll showed that the Chinese economic growth is expected to cool down to 6.8% in Q2 versus 6.9% seen in Q1.

China is scheduled to release the second-quarter GDP report on Monday, July 17, along with June industrial output, retail sales and fixed asset investment.

Key Findings from the survey:

Reuters polled 60 economists                  

“Economists in the poll estimated GDP grew 1.7 percent quarter-on-quarter, versus 1.3 percent in the first quarter, though only 17 analysts gave sequential forecasts.

The first-quarter growth of 6.9 percent was the fastest in six quarters, driven by strong government infrastructure spending and a gravity-defying property boom.”