Issue 1 2017: Continuous Strong Growth During the First Quarter of 2017

by Asia Perspective

Issue 1 2017: Continuous Strong Growth During the First Quarter of 2017

by Asia Perspective

by Asia Perspective

Issue 1 2017: Continuous Strong Growth During the First Quarter of 2017

June 14, 2017

The Chinese economy grew with a Gross Domestic Product (GDP) of 6.9 % during the first quarter of 2017 according to official statistics, a figure higher than expected by many analysts.

A GDP growth of 6.9 % is the fastest growth rate since the third quarter of 2015. However, growth in the first quarter was largely driven by the Chinese government’s continuous spending on large infrastructure investments along with a growing property sector.

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