The Chinese economy picked up steam in the first quarter. Gross domestic product grew 6.9% from a year earlier, the country's National Bureau of Statistics said Monday. The economy grew 6.7% last year. But many economists fear that China's efforts to boost growth today will come at a price during Xi's next term. Bank lending has continued to soar, with debt growing at more than twice the rate of the underlying economy.

Source: CNN April 17, 2017 02:26 UTC