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China Feb Data Expected to Show Solid Growth

Mar 06 , 2017

A flurry of data in coming weeks is expected to show China posted solid economic growth in February, even as the government trimmed its growth target for the year to focus on containing the risks from a rapid build-up in debt.

Export and import growth is expected to hit multi-year highs, according to Reuters polls, adding to views that the global economy are shifting into higher gear and giving China's policymakers more confidence to press ahead on oft-delayed structural reforms.

China's first-quarter economic growth could accelerate to 7 percent year-on-year, from 6.8 percent in the last quarter, economists at OCBC wrote in a note on Monday, while adding the pace may ease beginning in spring. 

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