Friday, January 20, 2017

26 years ago that China’s economy was not so little Cash

The economy of China, the world’s second-largest, grew at 6.7 percent in 2016, or is, to the slower pace of the last 26 years, announced today the National Bureau of Statistics of China.

In the fourth quarter of last year, the Gross Domestic Product (GDP) of the asian giant has accelerated slightly, to expand 6.8% in annual terms homologous, more a tenth of that recorded in the three quarters preceding (6,7%).

Despite having grown at the slowest pace since 1990 (3.9 percent), the performance of China’s economy in the computation of 2016 – two tenths below the growth in 2015 (to 6.9%) – is in line with the forecasts of the Government, since Beijing was the target of annual growth between 6.5% and 7%.


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