Chinese growth finishes 2017 with a bang (and a whimper)

Thursday 18 January 2018

China released its Dec QTR data dump last night and it was very solid at 6.8% GDP. The internals were also decent with industrial production at 6.2%, fixed asset investment at 7.2% and retail sales at 9.4%:

All important real estate sales slowed further to 7.7% for 2017:

Floor area under construction eased to 3% for 2017:

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific's leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.