China's GDP growth better than expected

Source: Marketwatch
© Scanpix/Reuters
GDP of the world's second largest economy grew at 7% in Q2 of 2015, therefore beating economist growth estimate of 6.8%. During the second quarter the growth slowed of almost every sector besides the financial sector. However, despite the positive data release the Shanghai Composite Index fell 3.2% to 3,799 points by 7:15 AM GMT, as investors and economists are worried about the slowdown in the global demand for Chinese goods. 

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