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Chinese economy expected to slow down to 6.5 percent in 2017: Reuters poll

Recent data revealed China's economy to be increasingly reliant on government spending with a record decline in private investments

Reuters  |  BEIJING 

China's economic growth is expected to cool to 6.6 percent this year and slow further to 6.5 percent in 2017, even as the government keeps up policy support to help ward off a sharper slowdown, a Reuters poll showed. The world's second-largest economy faces nagging downward pressure due to slack global demand that has hurt its exports, as well as risks from painful reforms to cut industrial overcapacity and a growing pile of debt that some analysts fear could spark a financial crisis. The risk of a correction in the high-flying property sector could also pose a threat as ...

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First Published: Mon, October 17 2016. 10:37 IST