China's economic growth holds steady at 6.8 per cent

Image
AP Beijing
Last Updated : Apr 17 2018 | 7:50 AM IST

China's economic growth held steady at 6.8 per cent over a year earlier in the quarter ending in March, buoyed by retail sales and investment.

Data released today showed growth in the world's second-largest economy was down slightly from 2017's full-year expansion of 6.9 per cent but in line with the quarter ending in December.

Forecasters are expecting growth to cool this year as Beijing tries to rein in rising debt by tightening controls to cool a boom in real estate sales and bank lending.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 17 2018 | 7:50 AM IST

Next Story