▲ Up
 
06:00 23-11-2017
АКИpress CA-News Tazabek Turmush
ADVERTISE WITH US SUBSCRIBE
KazakhstanKyrgyzstanMongoliaTajikistanTurkmenistanUzbekistanWorld
POLITICSBUSINESSINCIDENTSSOCIETYCULTURESPORTANALYSISSCIENCE
China third quarter growth meets expectations at 6.8%
World | business | 17:52, 19 October 2017 | 877

AKIPRESS.COM - China's economy grew 6.8% between July and September according to official data released Thursday, slowing slightly from the previous quarter, BBC reported.

The growth rate, which compares expansion with the same three months in the previous year, met forecasts.

The latest GDP figures are still above Beijing's annual growth target of 6.5% for 2017.

The world's second-largest economy is trying to rein in debt and contain a housing bubble without hurting growth.

Those efforts are expected to have weighed on economic activity in some parts of China, but growth has been supported by higher-than-expected rise in trade and bank lending.

The result followed growth of 6.9% in the first and second quarters of the year.

"A less supportive fiscal policy stance and slower credit growth should result in a slowdown over the coming months," said Capital Economics China economist Julian Evans-Pritchard.

LATEST NEWS
18:02 'How can I not award my viziers' — Atambayev about Farid Niyazov and Ikram Ilmiyanov17:54 Atambayev: "I expelled US military base because we offended Russia and China"17:39 Normalization of Tajik-Uzbek relations might help finish construction of Rogun HPP — EDB17:35 Atambayev said his dream to hold fair presidential election came true17:15 Poverty is also a psychosocial problem17:13 House for culture workers to be build for $6.7 million – Atambayev17:12 Atambayev says he wanted to award his wife order of courage: "She could stand me 30 years"16:33 South Korean clinic might appear in Uzbekistan16:16 US Navy aircraft carrying 11 crashes into the Pacific Ocean; 8 have been found16:12 Atambayev congratulates employees of prosecutor's office on professional holiday16:06 PM gives 0.5-year deadline for Transport Minister to pull Kyrgyzstan out of list of air carriers banned in the EU15:54 Kyrgyzstan, Russia working on supplying fuel residues to Kyrgyzstan15:51 Kyrgyzstanis with biometric passports to be able to pass checks at airports without border guards15:33 PM Isakov: "Situation with Kazakhstan serves as a lesson for us. We must work on achieving fifth freedom of the air"15:28 New Deputy Foreign Ministry named in Tajikistan15:10 Uzbek newspaper journalist fined for illegal work activity in Russia14:59 15yo girl urges Kyrgyz Parliament to ratify UN Convention on Rights of Persons with Disabilities14:50 Hungarian businessmen plan to invest 34 million euros in Kyrgyzstan14:34 Salyanova says she does not want murder of her brother to be politically motivated more than anyone else14:18 Atambayev allocates addictional 1 million som for meals of truck drivers standing in queue on Kyrgyz-Kazakh border
© AKIpress News Agency - 2001-2017. All rights reserved
Republication of any material is prohibited without a written agreement with AKIpress News Agency. Any citation must be accompanied by a hyperlink to akipress.com.
Our address:
Moskovskaya str. 189, Bishkek, the Kyrgyz Republic
e-mail: english@akipress.org, akipressenglish@gmail.com;
Tel/Fax: +996(312)65-03-06