China's Economy

Survey lessons like exports' importance for growth and jobs, how govt intervention in markets can be harmful, and wealth creation via privatisation should have been imbibed long ago, writes T N Ninan

Pressure for stimulus revives the eternal question of whether to prioritize growth over deleveraging

Xi's term since 2013 has been marked by a mostly steady economy but also periods of volatility in the financial markets

Off-balance-sheet lending also fell sharply in May after rising earlier in year

China's economy grew 6.7 per cent in the third quarter from a year earlier

The growth further narrowed from the previous quarter's 6.8%, which was already the lowest quarterly rate in seven years

The Swiss-based organisation said recent worries over China's economy, oil and commodity prices and some European banks had come as fundamental shifts take place in the global economy