economy: And the Chinese economy will continue to face downward pressure in the second half of this year, the country's National Bureau of Statistics said in a statement, according to CNN. The Chinese economy is still in a complex and grave situation, it said. The country's gross domestic product grew at 6.2% in the quarter ended June, the slowest quarterly growth rate since 1992 and down from 6.4% in the previous quarter, according to government figures released on Monday. Global growth has slowed and external uncertainties are on the rise. Read More White House trade adviser Peter Navarro said in an interview with CNBC on Friday that US Trade Representative Robert Lighthizer will travel to Beijing with Treasury Secretary Steven Mnuchin in the near future. Beijing and Washington recently agreed a temporary truce in their months-long trade war and are planning to restart trade talks.
(news.financializer.com). As
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