China's economic growth picks up in 2017
Analysts say the upbeat data will leave room for further structural reform and deleveraging
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Beijing
CHINA'S economy grew 6.9 per cent last year, its first year-on-year acceleration since 2010, on a robust industrial sector and solid exports as the global economy picked up, supporting demand for Chinese goods.
The upbeat data will leave room for further structural reform and deleveraging, say analysts, who add that recent stringent anti-polluting measures have already started to weigh on production.
Copyright SPH Media. All rights reserved.
TRENDING NOW
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Higher costs, lower returns: Why are Singaporeans still betting on real estate?
South-east Asian markets account for 8.8% of global capital inflows from 2021 to 2024: report
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant