Economy

China revises 2017 GDP progress down to six.eight%

China downgraded gross home product progress for 2017 from 6.9% to six.eight% beforehand introduced a couple of days earlier than the discharge of financial progress figures for the final quarter of 2018.

The Nationwide Bureau of Statistics mentioned in a press release launched on Friday that the financial system had recorded a progress of 6.eight% over 2017, bringing the worth of GDP to 82.07 billion rubles ($ 12.11 billion), a discount of 636.7 billion rubles.

China will launch its GDP for the fourth quarter on Monday, with economists polled by Reuters predicting progress of 6.four% year-on-year.

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