Chinese economic growth beats expectations

Thursday, 18 January 2018 - 19:18

Chinese+economic+growth+beats+expectations
The latest data shows that the Chinese economy has grown by 6.9% in 2017.

It was the first time in seven years that the pace of growth has picked up.

The figure beats Beijing's official annual expansion target of about 6.5%.

China is regarded as one of the key drivers of the global economy and so the better-than-expected data is likely to cheer investors around the world.

But many China watchers believe the Gross Domestic Product numbers are much weaker than the official figures suggest.


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