China economy may rebound in 2018: UBS
While the property sector is a huge drag on growth, it is expected to bottom out after 2017
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Shanghai
CHINA's economic growth is expected to bottom out in 2017 and pick up speed in 2018, with the property sector being the main drag on growth, according to estimates by UBS economists.
"Our current estimates show that economic growth will continue to slow in 2017. If market reforms quicken their pace in the coming two years, economic growth may pick up in 2018," said Wang Tao, chief China economist at UBS.
Copyright SPH Media. All rights reserved.
TRENDING NOW
StarHub hands Ensign InfoSecurity control back to Temasek in S$115 million deal, books S$200 million gain
Singaporeans can now buy record amount of yen per Singdollar
Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss
Keppel DC Reit posts 13.2% higher Q1 DPU of S$0.02833 on strong portfolio performance
