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China November data to show economy facing pressure from debt, pollution crackdowns

Reuters  |  BEIJING 

BEIJING (Reuters) - A raft of Chinese data in coming weeks is expected to show the world's second-largest economy came under growing pressure in November as the government intensified crackdowns on polluting industries and financial risks.Beijing has pledged to switch course from a prolonged, debt-fueled investment binge to higher quality and more balanced growth, as signalled by President Xi Jinping during an agenda-setting Communist Party Congress in October.But China watchers are uncertain over how much tolerance the government will have for the inevitable slowdown in economic activity ...

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First Published: Wed, December 06 2017. 11:02 IST