A European business lobby: the Chinese government is losing momentum in the implementation of reforms

Market news

9 September 2015

A European business lobby: the Chinese government is losing momentum in the implementation of reforms

A European business lobby said on Tuesday that the Chinese government is losing momentum in the implementation of reforms.

China is expected to show its slowest economic growth in 25 years in 2015 and stock markets dropped 40% since mid-June.

The European Union Chamber President Joerg Wuttke said that there is still strong potential for growth in China but the Chinese government should implement reforms faster.

United Kingdom: Manufacturing Production (MoM) , July -0.8% (forecast 0.2%)

Oil production from the Organization of the Petroleum Exporting Countries (OPEC) declines by 140,000 barrels per day in August

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