Friday, 19 January 2018

China economy rebounds in 2017 with 6.9% growth

China economy rebounds in 2017 with 6.9% growthChina's economy grew a forecast-beating 6.9 percent in 2017, picking up steam for the first time since 2010 despite its battles against a massive debt and polluting factories, official data showed Thursday. The robust economic expansion indicated stability after slowing down since China last posted double-digit growth in 2010. The reading -- which beat the 6.8 percent predicted by analysts surveyed by AFP -- comes as China kicks its war on pollution into gear, halving industrial production for some steel smelters and mills this winter.




No comments:

Post a Comment