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China's GDP Growth rate % (inflation adjusted)

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Friday January 20, 2017 - 06:41:27 in Articles by Mursi Ibrahim Haji
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    China's GDP Growth rate % (inflation adjusted)

    China is the world's second-biggest importer of both goods and commercial services, meaning its economic performance has a big knock-on impact around the world.

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Source: National Bureau of Statistics of China
China is the world's second-biggest importer of both goods and commercial services, meaning its economic performance has a big knock-on impact around the world.

It plays an important role as a buyer of oil and other commodities. Its slowdown has been a factor in the decline in the prices of such goods.

Beijing's aim to rebalance the economy towards domestic consumption has led to major challenges for large manufacturing sectors with layoffs, especially in heavily staffed state-run sectors such as the steel industry.

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