China’s economy grows at one of its lowest rates on record

China’s economy grows at one of its lowest rates on record

Worse-than-expected expansion of 4.3% in three months to June comes amid concerns over lopsided economy Business live – latest updates China has posted worse-than-expected growth figures for the three months to June, with the economy expanding just 4.3% – one of its lowest quarterly readings on record. The rate, which came in under the government’s target of 4.5-5%, was one of the weakest since reporting on officia…

15 Jul, 10:48

China grows at one of lowest rates on record; Thames Water has funds to survive to year end – business live

Thames Water says it has £515m cash in the bank as its debts swell to £18.5bn Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy. China grew 4.3% in the quarter to 30 June, one of the slowest rates on record, as sluggish domestic demand outweighed a surge in exports. While operationally the business is improving, we are also working with our creditors, regulator…

15 Jul, 07:15