CHINA TOPIX

11/22/2024 07:22:35 am

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China growth

China reported 10 percent increase in retail sales for the month of May

China Industrial Growth Rate Stays Steady, Investment Rate Declines

China matched expectations for its industrial growth rate in May. However, the country saw the lowest increase for fixed-asset investment since 2000.

ADB predicts China's growth will decline by 6.5 and 6.3 percent in 2016 and 2017, respectively.

ADB Predicts China's Growth to Plummet by 6.5 Percent in 2016

China's growth will plummet by 6.5 percent in 2016 and further reduce to 6.3 percent in 2017, according to the annual economic outlook released by the Asian Development Bank (ADB) on Wednesday, further cautioning the country's huge industrial overcapacity.

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