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China Q4 GDP grows 6.8 pct y/y, beats expectations

Jan 18 , 2018

China’s economy grew 6.8 percent in the fourth quarter of 2017 from a year earlier, official data showed on Thursday, above expectations and unchanged from the previous quarter’s growth.

Analysts polled by Reuters had expected gross domestic product to expand 6.7 percent in the October-December quarter, slowing from 6.8 percent growth in the previous quarter.

 

Chinese policymakers have been trying to contain financial risks and slow an explosive build-up in debt without stunting economic growth.

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