Fears of a potential financial crisis in China were calmed by announcements it had beaten growth expectations by expanding 6.9% in the second quarter of 2017. But the overall slowdown in Asia's biggest economy still worries investors.
The World Trade Organization has issued a marked upward revision of its trade growth forecast for this year. Its regained optimism is based on stronger economic indicators in China, the US and the eurozone.
Chinese policymakers are beginning to worry about a rallying currency that is putting pressure on the country's exports. Figures for August show slower-than-forecast growth, which has also been hit by weak global demand.
China is angry at Standard and Poor's (S&P) following a downgrade of its creditworthiness by the ratings agency over concerns about the country's rising debt. S&P underestimated China's financial strength, Beijing said.
The world's largest economy has grown at its fastest pace in more than two years, hitting the president's goal for the first time since he took office. Higher consumer spending was behind the solid growth rate.
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