China's economy expanded by 4.3% in the second quarter, marking one of its lowest growth rates in recent history, primarily due to weak domestic demand despite a rise in exports. This growth rate is below both economists' expectations and the government's target range, indicating ongoing economic challenges.
Thames Water reported having £515 million in cash but is grappling with £18.5 billion in debt. The company is working on a recapitalization plan to avoid temporary nationalization, as it faces scrutiny over its operational failures and environmental impacts.
Watch for potential shifts in China's economic policy as growth slows, which could impact global markets. For Thames Water, the success of its recapitalization plan will be crucial; stakeholders should monitor developments closely to assess the company's future viability.