You are viewing:-
you're reading...
1.Market Observations, 8.Was Sticky

18 Apr 2017 (AFR) – China GDP rises an annual 6.9 per cent in first quarter, beating expectations

(18 April 2017, AFR, p10, by Lisa Murray)

‘China’s economy appears to have defied the bears as a surge in construction activity, a rebound in company profits and robust trade pushed up the country’s annual growth rate in the first quarter to a better-than-expected 6.9 per cent. The expansion in gross domestic product, comparing March quarter 2017 to the same period last year, was announced by the National Bureau of Statistics on Monday. It marks an improvement from growth last year of 6.7 per cent and leaves the economy tracking well ahead of the government’s target. Chinese Premier Li Keqiang said last month the government was targeting growth of “around” 6.5 per cent this year.’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

Advertisements

About robertbrain

Brainy's Share Market Toolbox. Read the honest truth about the sharemarket. Develop or fine tune your investing/trading strategies using share price charts (technical analysis), or learn about the investment strategies of others. Melbourne (Australia) based - supporting share market investors and traders to build wealth through smarter investing using my Share Market Toolbox arsenal of weapons to tackle the market.

Discussion

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: