chinese economy

China third quarter GDP 2016
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China third quarter GDP 2016 grows 6.7 percent as expected as construction booms, debt rises

China third quarter GDP 2016: BEIJING (Reuters) – China’s economy expanded at a steady 6.7 percent in the third quarter and looks set to hit Beijing’s full-year target, fuelled by stronger government spending, record bank lending and a red-hot property market that are adding to its growing pile of debt.


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Buildings are seen at the Yujiapu financial centre, in Tianjin
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Road to stagnation? China Inc gets a break from lenders

HONG KONG (Reuters) – Profits at roughly a quarter of Chinese companies in a Reuters analysis were too low in the first half of this year to cover their debt servicing obligations, as earnings languish and loan burdens increase.

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Adidas to return mass shoe production to Germany in 2017

By Joern Poltz ANSBACH, Germany (Reuters) – Adidas will launch mass production of running shoes at a German factory operated largely by robots next year and plans to open a similar plant in the United States next year, the company said on Tuesday.

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Capitalism Without Democracy
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Capitalism Without Democracy

Over the past three decades, China has undergone a historic transformation. Once illegal, its private business sector now comprises 30 million businesses employing more than 200 million people and accounting for half of China’s Gross Domestic Product.

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