28/04/2018 | Economic Data
China Economic Update Q1 2018
The report reveals a variety of significant key figures as well as an overview on the economic situation in China to enable an assessment of the current status and provide a foundation for all future prognosis.
- First quarter GDP growth strong at 6.8%, with a predicted GDP growth of 6.5% in 2018.
- Foreign trade continues on growth trajectory; Imports grow faster than exports, generating a rare trade deficit in March.
- Consumer price inflation settles at moderate 2.1%, producer price increases continue to slow down.
- Service sector and retail sales grow fast, however overall economic development also faces challenges.