China's economic growth picks up in 2017
Analysts say the upbeat data will leave room for further structural reform and deleveraging
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.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Putin plans to meet Xi in China days after his new term starts
Biden vetoes bid to repeal US labour board rule on contract, franchise workers
Economic leaders of South Korea, Japan, China say FX volatility is a risk
US automakers win extension on use of Chinese graphite in EV tax credits
US service sector contracts in April; price pressures up
Thaksin’s daughter calls central bank independence an ‘obstacle’