China's economic growth holds steady despite slowdown fears | daily-sun.com

China's economic growth holds steady despite slowdown fears

Sun Online Desk     17th July, 2017 09:10:13 printer

China's economic growth holds steady despite slowdown fears

China's economic growth held steady in the latest quarter, boosted by unusually strong trade, despite concerns about a possible impending slowdown, AP reports.

 

Government data on Monday showed output rose 6.9 percent in the three months ending in June compared with a year earlier.

 

China's economic indicators have been unexpectedly strong in recent months, but forecasters say activity should slow as Beijing tightens controls on bank lending to cool a surge in debt.

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