China's Q1 economic growth ticks higher to 6.9% | Bangkok Post: business - News Summed Up

China's Q1 economic growth ticks higher to 6.9% | Bangkok Post: business


Chinese migrant workers return to their temporary construction camp at a construction site in Beijing, China, 17 April 2017. China's gross domestic product (GDP) grew 6.9 percent in the first quarter of 2017, according to the National Bureau of Statistics (NBS). (EPA photo)HONG KONG -- China's economic recovery is gaining momentum, with growth ticking up to a 6.9% annual pace in the first three months of the year, lifted by government stimulus and a property boom. Policies aimed at tempering the slowdown included higher spending on construction of infrastructure such as roads and bridges. The official full-year economic growth target for 2017 is 6.5%.


Source: Bangkok Post April 17, 2017 04:41 UTC



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