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1.Market Observations, 8.Was Sticky

21 Jan 2017 (AFR) – China’s GDP data reveals a country of changing tastes; Chinese GDP growth hits 6.7 per cent in 2016, the slowest annual growth in 26 years

(21 January 2017, AFR, p10, by Angus Grigg)

‘China wants more home furnishings and medicine, less pork and the same amount of jewellery. That is the message from full-year GDP data released on Friday, which showed China’s economy grew by 6.8 per cent in the fourth quarter. The stronger than expected finish to the year delivered annual growth of 6.7 per cent, the slowest pace in 26 years, but far stronger than most economist had predicted just 12 months ago.’

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