China Quarterly GDP Growth Weakest in 3 Quarters


The Chinese economy advanced by 1.7 percent quarter-on-quarter in the fourth quarter of 2016, compared to a 1.8 percent growth in the previous three months and in line with market estimates. It was the weakest expansion since the March quarter 2016.

Year-on-year, the economy advanced an annual 6.8 percent compared to a 6.7 percent growth in the previous three quarters while markets expected a 6.7 percent expansion. It was the strongest growth since the fourth quarter 2015.

Considering full year of 2016, the economy expanded 6.7 percent in 2016, lower than a 6.9 percent growth in 2015. It was the weakest full-year expansion since 1990 but within the government's target range of 6.5 to 7 percent. 

China Quarterly GDP Growth Weakest in 3 Quarters


National Bureau of Statistics l Rida Husna | rida@tradingeconomics.com
1/20/2017 3:54:13 AM