Economic Outlook 2017: China

China’s economic challenges and risks are expected to mount this year as the country continues to pump in credit to keep growth from skidding to a halt. After last year’s gross domestic product growth of 6.7%, the International Monetary Fund upgraded its 2017 forecast to 6.5 % – 0.3% higher than its October 2016 estimate – on the back of continued government stimulus and new loan growth. The figure matches those issued by the World Bank and Chinese Academy of Social Sciences.

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