China Economy Charges On as Leaders Target the Risk 'Rhino'

Inflation drops to 16.10% — first time in 12 months

Inflation drops to 16.10% — first time in 12 months

In contrast, the output of raw coal increased 10.6 percent year on year to 310 million tonnes in June, the fourth consecutive month of growth, the NBS said in a statement.

Beijing has set a growth target of around 6.5 percent for 2017, a tad lower from 6.7 percent in 2016, which was the country's lowest rate in 26 years. The GDP deflator, a gauge of economy-wide inflation, came in at 4.5 percentage points - the difference between the nominal and real growth rate of output.

The economy remains on track to meet the government's growth target of about 6.5% this year.

England, South Africa ready for the battle for final
Three overs later, captain Stafanie Taylor chose not to review a questionable lbw decision and perished without scoring. Opener Hayley Mathews (29 from 64 balls) and Chedean Nation (23 from 57) were the main contributor for West Indies .

The Australian dollar soared to a two-year high on Monday (July 17) amid diminishing worries of aggressive monetary policy tightening by the US Federal Reserve and stronger-than-expected economic data from China, Australia's No 1 trading partner.

The central government's fiscal deficit was 4.3 percent of GDP in the latest four quarters' data, slightly more than the 4.1 percent of GDP deficit in the year-earlier period. This means that investment growth has already peaked in Q1, and a softening can be expected in the coming quarters, Commerzbank reported.

The Chinese economy expanded at a faster pace in the second quarter, with broad measures of economic growth picking up speed.

Chelsea to beat Juventus to signing of Real Madrid player
Danilo managed to make 56 appearances for Real Madrid , scoring three goals and assisting in nine more in all competitions. Real Madrid are reportedly eyeing up a move to sign Thomas Meunier from Paris Saint-Germain this summer.

"Specifically, the year-on-year growth was 6.9 percent for the first quarter, and 6.9 percent for the second quarter", the bureau said in a statement.

China's economy lost momentum in the second quarter, a survey shows, as Beijing's efforts to curb risky lending and investment took a toll on the Asian powerhouse. In the first half, retail sales advanced 10.4%.

President Xi Jinping is expected to hold on to power at the party congress, giving him more control during what analysts called are a long overdue but dire reforms like restructuring huge state firm debt.

Trump just reached a mark no president has in 70 years
Thirty-eight per cent of those surveyed believe Trump is making significant progress towards his goals, while 55% feel he is not. However, 48 percent "disapprove strongly" of his performance overall, a level never reached by his two Democratic predecessors.

The NBS said that GDP for tertiary industries - predominantly services - grew by 7.7%, outpacing growth in the nation's secondary (industrial) and primary industries of 6.4% and 3.5% over the same period.

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