Friday, March 3, 2017

Economy Firms Up in 1Q17, But Challenges Remain

Economic Research
03 March 2017
China

Economic Update




China’s economy had a good start in 2017, with improving industrial production, higher investment and resilient domestic consumption growth. But economic stabilisation could be temporary, as the economy is still facing structural problems, such as mounting leveraging, high debt levels, excess capacity, and external uncertainties. Also, the restocking process could end in 2Q/3Q17. As such, GDP growth is likely to peak in 1Q17 and will likely soften again in 2Q17 and 2H17.


Economist:  Zhang Fan| +8621 6288 9611 ext 105

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