China Posts First Full-Year Growth Pickup Since 2010

in #cn9 years ago

Hi Steemitians,

China’s economy sealed its first full-year acceleration since 2010, underpinning global growth and giving authorities more room to purge excessive borrowing.

China’s rejuvenated expansion offers support for President Xi Jinping’s mission to defuse ticking debt bombs, one of Beijing’s top goals for the coming three years, along with reducing poverty and curbing pollution.

Click the below link

https://www.bloomberg.com/news/articles/2018-01-18/china-posts-first-full-year-pickup-since-2010-on-global-tailwind

Image Courtesy:https://www.cia.gov/

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I wonder how this will effect the US economy...

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