- Tuesday, 24 October 2017
- News
China's economy seen growing 6.8 percent in 2017 and 6.4 percent in 2018: Reuters poll
China's economy will likely grow 6.8 percent in 2017, topping the state target and accelerating for the first time in seven years, a Reuters poll showed, as Beijing walks a tightrope by containing debt and property risks without stunting economic growth. Still, growth in the world's second-largest economy is projected to slow to 6.4 percent in 2018, the Reuters poll of more than 65 economists showed, as the property curbs and efforts to deal with debt risks are expected to gain more traction.
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- Monday, 23 October 2017
- News
China to achieve annual economic growth target: Official
China's economy is expected to attain or surpass the government's annual growth target of around 6.5 percent this year, a chief economic planner said Saturday. "The growth target of around 6.5 percent is expected to be fulfilled successfully, and it's possible to achieve even better results," said He Lifeng, head of the National Development and Reform Commission, at a press conference on the sidelines of the 19th National Congress of the Communist Party of China.
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- Thursday, 19 October 2017
- News
China's GDP grew by 6.9% in Q3
China reported third-quarter growth data Thursday that met expectations, but was a tad lower than the second quarter's 6.9 percent expansion. The country's National Bureau of Statistics said its third-quarter GDP growth was 6.8 percent compared to the same period last year, a day after President Xi Jinping made big promises for the country's economic future during a pivotal leadership meeting. Economists polled by Reuters had forecast China to post a modest drop from the second quarter, with GDP to have grown 6.8 percent in the July-September period due to the government's efforts to cool the property market and cut debt risks.
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- Monday, 16 October 2017
- News
China's CPI rose by 1.6%
China's consumer price index rose 1.6 percent in September from a year ago, meeting expectations, data from the National Bureau of Statistics showed on Monday. Meanwhile, the producer price index jumped 6.9 percent in September from a year ago, which topped expectations. This was spurred by a year-long drive in construction spending that includes government-led infrastructure investment. According to a Reuters poll, China's Consumer Price Index was forecast to rise 1.6 percent in September from a year ago. August CPI was 1.8 percent.
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