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Economy News
China first-quarter GDP growth seen easing only slightly as trade tensions mount

China likely carried most of its strong economic momentum from last year into the first quarter of 2018, with government crackdowns on financial risks and industrial pollution dragging less on activity than earlier expected, a Reuters poll showed. Beijing is looking to keep the economic balancing act intact even as it faces rising trade tensions with its largest trading partner, the United States, that could impact billions of dollars in cross-border trade. A poll of 60 economists showed growth in gross domestic product likely eased marginally to 6.7 percent in the first quarter from a year earlier, compared with the 6.8 percent clip in the previous two quarters.

News Source:- https://in.reuters.com/article/us-china-economy-gdp/china-first-quarter-gdp-growth-seen-easing-only-slightly-as-trade-tensions-mount-idINKBN1HN0TH