China will continue to struggle with weak demand for the rest of the year: Professor

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Michael Pettis, finance professor at Peking University, says Chinese imports were driven by investments, not consumption.
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Thank you Professor Pettis for covering yesterday's (China) data. Thank you CNBC International for inviting the Professor on.

LumenMichaelOne
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China’s June exports rose 8.6% year-on-year, exceeding analysts’ expectations and pointing to higher-than-expected GDP growth for the second quarter

BrandyHeng
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So China's economic data is solid now? No more foul play? 😂

SSYlist
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China will continue to struggle? Tell that to Meloni.

eliso
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China a nation that failed to fail.

China's GDP expanded 5.3 percent year on year in the first quarter (Q1), with domestic consumption contributing 73.7 percent to economic growth.

BrandyHeng