The year started with big ambitions to re-accelerate growth and mitigate the growing financial risk of debt. Instead, the entire year was dominated by the US-China trade war.
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GDP growth at 6.5% and a booming service sector
At the end of last week, China’s National Bureau of Statistics released third-quarter GDP data amounting to a total of 23.2 trillion CNY following a 6.5% growth rate during the third quarter.
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Download Economic Update Report
China’s Gross Domestic Product (GDP) grows at 6.8% in Q1
The Chinese economy has displayed a solid start in the first quarter of 2018, with the Gross Domestic Product (GDP) reaching 19,878.3 billion CNY, according to data released by the National Bureau of Statistics of China.
