China’s G.D.P. to grow by 7% in 2017

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18 January 2018 à 19h05

Updated on 10 May 2019 à 17h22

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1 minute

Publication: 18 January 2018 à 19h05, Updated on 10 May 2019 à 17h22

Reading time: 1 minute

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Publication

18 January 2018 à 19h05

Updated on 10 May 2019 à 17h22

Reading time

1 minute

Publication: 18 January 2018 à 19h05, Updated on 10 May 2019 à 17h22

Reading time: 1 minute

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According to the October’s key Communist Party congress, China’s economy is expected to grow by near to 7% in 2017. Beijing expects to target growth at around 6.5% in 2018. However, tighter monetary conditions may continue to weigh down economic activity, as the Bank of Korea raised interest rates for the 1st time in more than six years to 1.5%. It is expected to be joined by Malaysia and Philippines in early 2018, followed by Australia and New Zealand.

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