(Koh Gui Qing – Reuters)
China’s economy probably cooled further to grow 7% in the first three months of the year, a Reuters poll showed, which would be the weakest pace in six years and raise pressure on policymakers to do more to bolster growth.
A poll of at least 16 analysts showed activity from trade to investment in the world’s second-biggest economy likely remained around multi-year lows in March. That would increase the chance that China will post its slowest growth in 25 years this year.
The deluge of data over the coming week, starting with inflation on Friday and culminating with gross domestic product (GDP) data on April 15, will almost certainly revive speculation about when and how China will next ease monetary policy. Click here to read more.