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China's economy gets off to strong start in 2017 as investment rebounds

Solid growth is good news for policymakers as they turn focus to containing risks from a sharp build-up in debt
Wednesday, March 15, 2017 - 05:50

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China has cut its growth target to around 6.5 per cent this year to give policymakers more room to push through painful reforms to reduce financial risks created by years of debt-fuelled stimulus.

Beijing

CHINA issued a raft of upbeat data on Tuesday showing the economy got off to a strong start to 2017, supported by strong bank lending, a government infrastructure spree and a much-needed resurgence in private investment.

Solid growth is welcome news for China's policymakers

sentifi.com

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