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China's GDP To Remain Strong, Post Strong Growth In 2017, Analysts Predict

December 20, 2017: 12:00 AM EST
China's economy is forecast to grow 6.8 percent in 2017, driven by state investments and strong consumption expansion, according to Euromonitor. Data from the market research firm predict growth will decline to between 6.2 percent and 6.3 percent in 2018‒2019. Risk factors that could affect the economy include a credit market that is growing faster than the country's GDP. With a 10 percent to 20 percent probability, a high debt burden could slow down the real estate market or impact consumer confidence, causing GDP growth to drop to 4 percent in 2018 and 4.8 percent in 2019, analysts said.
"China Economic Outlook: Q4 2017", Euromonitor, December 20, 2017, © Euromonitor
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