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China economic growth not losing steam: top economic planner

From xinhuanet.com

Growth of the Chinese economy will remain steady, firmed up by strong economic fundamentals and long-term resilience, said the country's top economic planner. The 6-percent GDP growth in the third quarter of this year was by no means a sign of lost momentum, as it was achieved off a larger economy size, the National Development and Reform Commission (NDRC) said in a statement on its website, adding that China's GDP in 2018 grew by the size of its entire economy in 1997. Amid a global economic slowdown that prompted international organizations to lower their growth estimates for 2019 and 2020, China's economic ... (full story)

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  • Category: Fundamental Analysis