Detailed text transcripts for TV channel - CNN - 20190715:06:25:00
Economy will slow to between 6% and 6.5%. so today's number, 6.2, it's really falling right in that range and that's probably why we are seeing investors kind of take today's data in stride. if we take a look at the hong kong and the shanghai marks, we're seeing the hang seng up about a 0.10%. so, really, these were expected numbers. and let's not forget that china is a planned economy. so beijing had already unleashed several stimulus measures to juice the economy, and that includes hundreds of billions of dollars worth of business tax cuts as well as increased infrastructure spending. but, a...
Source: archive.org