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在线翻译:
szdaily -> Business -> 
Data to show economic growth slowly cooling but still solid
    2018-01-09  08:53    Shenzhen Daily

A BLIZZARD of data in coming weeks is expected to show China’s economy ended a strong 2017 on a slightly softer note, but activity has likely remained more resilient than expected despite a crackdown on industrial pollution and a cooling property market.

A slight pullback in December industrial growth, producer inflation and investment would all reinforce consensus views that the world’s second-largest economy will cool gradually in 2018.

Reflecting expectations of a modest slowdown, economists see growth in industrial production easing only slightly to 6 percent, according to a latest poll, the slowest rate of expansion since early 2016 but still solid.

While China’s war on winter smog in northern provinces has forced some steel mills and factories to curtail output, plants elsewhere in the country may have ramped up production to gain market share, supporting nationwide activity and keeping China’s appetite for imported raw materials like iron ore relatively robust.

Sustained strength in global demand also is expected to continue to buoy China’s factories in the coming year, though double-digit export growth seen in late 2017 may not be sustainable for much longer.

Likewise, new lending by Chinese banks, while easing from November, likely continued at a solid pace, capping another record year for credit.

Domestic consumption is also expected to remain in hearty shape, partly offsetting some of the drag from manufacturing.

The data will culminate in fourth-quarter and full-year GDP on Jan. 18.(SD-Agencies)

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