MARKET WATCH

         

摘要

Chinese automakers cash in on a sales boom in the first half,but signs emerge that a pothole-filled path lies ahead.China maintains appeal to foreign investors as the June FDI surged nearly 40 percent year on year.The steel-makers stand on wobbly legs as June profits shrink due to weak demands.The China Banking Regulatory Commission said Chinese lenders extended 7.66 trillion yuan($1.14 trillion)of loans to local financing vehicles,arousing concerns over the financial black hole.The gold industry has been bursting with vitality as risk-aversion came to the fore as inflation fears and stock market volatility rattled investors.

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