SUBSCRIBERS

China's growth robust in Q1 but rates unsustainable, analysts warn

Published Mon, Apr 17, 2017 · 09:50 PM

    Beijing

    CHINA'S economy grew a better-than-expected 6.9 per cent in the first three months of the year on persistent government support in the real estate and construction sectors.

    The quarterly growth represented China's fastest in nominal terms in five years, and surprised analysts who had expected recent measures implemented locally to cool the property sector, as well as more stringent monetary policies, to lower the pace of economic growth.

    Copyright SPH Media. All rights reserved.