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BEIJING, July 15 (Xinhua) -- Chinese shares plunged on Wednesday morning despite better-than-expected second quarter economic growth.
The benchmark Shanghai Composite Index dived more than 3 percent in the morning session.
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China's GDP expands 7 pct in Q2
BEIJING, July 15 (Xinhua) -- China's economy posted 7-percent growth year on year in the second quarter of 2015, unchanged from 7 percent in the first quarter, the National Bureau of Statistics (NBS) announced on Wednesday.
The growth rate proved more optimistic than a median market forecast of 6.9 percent for the second quarter, as authorities cited recent "positive signs" in the economy.Full Story
China's H1 industrial output up 6.3 pct
BEIJING, July 15 (Xinhua) -- Industrial output in China grew 6.3 percent year on year in the first half (H1) of 2015, slightly down from a 6.4-percent increase in the first quarter, official data showed on Wednesday.
In an encouraging sign, the growth rate has gradually recovered from 5.6 percent in March, the lowest level since the global financial crisis in 2008, according to the National Bureau of Statistics (NBS).Full Story
