GDP
China’s Financial and Real Estate Sector Report Slower Growth in the Fourth Quarter
| S. Rina | | Jan 24, 2017 11:00 AM EST |
China reported better-than-expected economy growth rate during the fourth quarter of 2016. However, its financial and real estate sector could not keep up the pace. The overall economy grew by 6.8 percent during the last quarter of the previous year.
Chinese Economy Grew by 6.8 Percent in the Fourth Quarter of 2016
| Rina S. | | Jan 23, 2017 01:59 PM EST |
China posted an unexpected surge in its growth rate during the fourth quarter of the previous year. Surpassing official estimates of 6.5 percent growth, the country's economy experienced a 6.8 percent growth. However, risks related to debt and asset price inflation persist.
Fitch Reveals That China may Have a '$2 Trillion Black Hole' in its Economy
| S. Rina | | Sep 24, 2016 02:15 PM EDT |
International rating agency Fitch has released a report indicating that the Chinese economy may be riddled with toxic loans worth 10 times the official estimates. The report further indicated that resolving the issue may lead to a capital shortfall worth $1.1 to $2.1 trillion, constituting 11 to 20 percent of the Chinese economy. China is currently rated as A+ by Fitch Ratings.
China Reports Higher Business Confidence Index in the 3rd Quarter of 2016
| Rina S. | | Sep 19, 2016 07:57 AM EDT |
A survey by the People's Bank of China shows that business confidence among Chinese entrepreneurs increased in the third quarter of this year.
World Bank Releases Report on China's Healthcare System, Says Beijing can Save 3% of GDP With Deeper Health Reforms
| Som Patidar | | Jul 23, 2016 03:55 PM EDT |
The World Bank on Friday released a new report on China's health care system.
China Think-Tank Lowers 2016 Economic Forecast
| Marcel Woo | | Jun 20, 2016 08:10 PM EDT |
China's economic growth this year will be dragged down by the slower than expected global demand recovery, according to the China International Capital Corp (CICC).
China's Unsustainable Debt can Lead to Financial Outburst in the Long Run: Experts
| Maria Crisanta Echeverria | | Apr 24, 2016 01:38 PM EDT |
China's total debt increased to 249 percent of its gross domestic product (GDP) in the first quarter of this year. According to some economists, this could result in a prolonged slowdown of the country's economic growth.
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