• China's economy grew 6.8% in the first quarter of 2018, topping expectations

    17 Apr 2018 | Economic News

* China's economy grew 6.8 percent in the first quarter of 2018, the country's statistics bureau reported on Tuesday.

* That topped a consensus estimate of 6.7 percent year-over-year growth for the quarter, marking the third-straight quarter of 6.8 percent growth for the world's second-largest economy.

China's strong growth last year came despite widespread concerns about financial risks in the East Asian giant amid a government-led economic restructuring. The world's second-largest economy has been fighting debt for years as it tries to balance economic stability against the potential fallout from any sharp deceleration.

Risks to the Chinese economy in 2018 include trade protectionism as U.S. President Donald Trump's administration bares its teeth to address the yawning trade gap between the two countries.


Reference: CNBC


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