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3Novices:China economy grows 6.9 per cent in first quarter, faster than analysts expected

China’s economy grew 6.9 per cent in the first quarter from a year earlier, slightly faster than expected, supported by a government infrastructure spending spree and a frenzied housing market that is showing signs of overheating.
Analysts polled by Reuters had expected the economy to expand 6.8 per cent in the first quarter, the same pace as in the fourth quarter of 2016.
The first-quarter growth pace was the fastest since the third quarter of 2015.
China’s economy on even keel,…
April 17, 2017 at 07:55AM http://ift.tt/2ol52rb
#3Novices #News #OnlineMedia #China 3Novices China

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