Economists Press Pause on China Slowdown as 2017 Rise Foreseen
China Early Data Shows Markets Upbeat vs Real Economy
This article is for subscribers only.
China’s multi-year slowdown is on hold for now, according to economists. They’ve ratcheted up their full-year 2017 forecasts and now expect the first acceleration in seven years.
The world’s second-largest economy will post an expansion of 6.8 percent this year, according to a Bloomberg News survey that closed last week. The consensus forecast has been rising steadily this year and is up from the 6.5 percent that was predicted as of the end of last year, when the economy expanded by 6.7 percent. The economy’s last full-year acceleration was 2010.