World closely watches China’s economic numbers

Global Business

RRU CHINA GDP REACTION 1

After weeks of mixed economic data China’s economy is showing signs of stabilizing. GDP grew 6.7 percent in the first 3 months of the year, in line with market expectations.

CCTV America’s Roee Ruttenberg reports.

World closely watches China's economic numbers

World closely watches China's economic numbers

After weeks of mixed economic data China's economy is showing signs of stabilizing. GDP grew 6.7 percent in the first 3 months of the year, in line with market expectations.

Despite the figure being slightly lower in the final quarter of 2015 – and the lowest in seven years – the numbers are well within the government target of 6.5 percent growth for 2016.

Key indicators such as new credit, industrial output and retail sales have all picked up. Services also contributed a lot to GDP, accounting for nearly 57 percent.


Anthony Chan on the Chinese GDP

CCTV America’s Michelle Makori spoke with Anthony Chan, chief economist at Chase, to discuss the China’s GDP report.

Anthony Chan on the Chinese GDP

Anthony Chan on the Chinese GDP

CCTV America's Michelle Makori spoke with Anthony Chan, chief economist at Chase, to discuss the China's GDP report.


Anil Gupta discusses China’s GDP numbers

To discuss China’s GDP numbers, Elaine Reyes spoke with Anil Gupta, economic professor at the Smith School of Business at the University of Maryland.

Anil Gupta discusses China's GDP numbers

Anil Gupta discusses China's GDP numbers

To discuss China's GDP numbers, Elaine Reyes spoke with Anil Gupta, economic professor at the Smith School of Business at the University of Maryland.