The National Bureau of Statistics’ growth revision figures for 2017 come on the eve of fourth quarter and full-year 2018 GDP figures, which will give China watchers a better perspective on the economy as Beijing and Washington stand toe-to-toe on trade. Photo: EPA
China revises down 2017 economic growth rate to 6.8 per cent ahead of announcing 2018 GDP figures
- Downward revision creates lower comparison base for 2018 growth calculation
- Unclear if revision will have any effect on 2018 growth rate
Topic |
China economy
The National Bureau of Statistics’ growth revision figures for 2017 come on the eve of fourth quarter and full-year 2018 GDP figures, which will give China watchers a better perspective on the economy as Beijing and Washington stand toe-to-toe on trade. Photo: EPA