{"id":7819,"date":"2018-01-16T10:10:53","date_gmt":"2018-01-16T10:10:53","guid":{"rendered":"https:\/\/amazingproperty.com.ng\/blog\/as-nigeria-ranks-second-worst-electricity-chinas-growth-rate-exceeds-target\/"},"modified":"2018-01-16T10:10:53","modified_gmt":"2018-01-16T10:10:53","slug":"as-nigeria-ranks-second-worst-electricity-chinas-growth-rate-exceeds-target","status":"publish","type":"post","link":"https:\/\/amazingproperty.com.ng\/blog\/as-nigeria-ranks-second-worst-electricity-chinas-growth-rate-exceeds-target\/","title":{"rendered":"As Nigeria ranks second worst electricity, China\u2019s growth rate exceeds target"},"content":{"rendered":"<p>\n<\/p>\n<div itemprop=\"description\" readability=\"82\">\n<p>As Nigeria battles with its second worst electricity power supply in 2017 according to @spectatorindex twitter handle, yesterday, China\u2019s economy on the otherhand exceedes its annual growth target in 2017, overcoming the government\u2019s battles against massive debt and pollution-spewing factories.<\/p>\n<p>Newsmen reported that the world\u2019s second largest economy expanded 6.8 per cent in 2017, much better than the official target of around 6.5 per cent.<\/p>\n<p><!-- between content ad --><\/p>\n<figure id=\"attachment_633752\" style=\"width: 412px\" class=\"wp-caption alignnone\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/cdn.vanguardngr.com\/wp-content\/uploads\/2016\/04\/buhari-china-e1461526702537.jpg?resize=412%2C275&#038;ssl=1\" data-lazy-src=\"https:\/\/i0.wp.com\/cdn.vanguardngr.com\/wp-content\/plugins\/lazy-load\/images\/1x1.trans.gif?ssl=1\" class=\"size-full wp-image-633752\" alt=\"\" width=\"412\" height=\"275\"\/><noscript><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-633752\" src=\"https:\/\/i0.wp.com\/cdn.vanguardngr.com\/wp-content\/uploads\/2016\/04\/buhari-china-e1461526702537.jpg?resize=412%2C275&#038;ssl=1\" alt=\"\" width=\"412\" height=\"275\"\/><\/noscript><figcaption class=\"wp-caption-text\">Nigerian President Muhammadu Buhari (L) and Chinese President Xi Jinping shake hands during a signing ceremony at the Great Hall of the People in Beijing on April 12, 2016.<br \/>Muhammadu Buhari is on a visit to China from April 11 to 15. \/ AFP PHOTO \/ POOL \/ KENZABURO FUKUHARA<\/figcaption><\/figure>\n<p>According to the poll of 11 financial experts, the growth is also an improvement on the 6.7 per cent seen the previous year, which marked its worst performance in a quarter of a century.<\/p>\n<p>Premier Li Keqiang last week said he expected growth to have come in \u201caround 6.9 per cent\u201d.<\/p>\n<p>However, the forecast comes as fresh questions were raised about the veracity of the government\u2019s data after an area in the northern municipality of Tianjin became the latest place to be found to have inflated its own readings.<\/p>\n<p>The government statistics bureau will release its official figures on Thursday.<\/p>\n<p>\u201cChina\u2019s economic growth beat market expectations in 2017,\u201d JP Morgan Chase economist Shaoyu Guo told AFP.<\/p>\n<p>Guo noted that expansion in the first three quarters of the year were \u201cled by infrastructure and <a href=\"https:\/\/amazingproperty.com.ng\/blog\/property-center-nigeria\/\">real estate<\/a> investment, and supported by solid consumption and improved external demand\u201d.<\/p>\n<p>Trade continued to be a major driver of growth as data last week showed exports and imports jumped in 2017, thanks to a pick-up in the global economy with the crucial US and European markets seeing strong recoveries.<\/p>\n<p>The improvement at home comes in spite of government efforts to reduce the country\u2019s substantial debt and to combat its persistent pollution problems, which were both expected to curb GDP growth.<\/p>\n<p>The economy eased slightly in the last quarter to 6.7 per cent, the analysts said, from 6.8 per cent in the three months prior.<\/p>\n<p>\u201cOctober-November data showed moderation in the manufacturing sector,\u201d Guo said, \u201cpartly reflecting stricter implementation of environmental protection policies going into the winter months.\u201d<\/p>\n<\/p><\/div>\n<p><a hre=\"https:\/\/www.vanguardngr.com\/2018\/01\/nigerian-ranks-second-worst-electricity-chinas-growth-rate-exceeds-target\/\"> Vanguard <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>As Nigeria battles with its second worst electricity power supply in 2017 according to @spectatorindex twitter &hellip; <a title=\"As Nigeria ranks second worst electricity, China\u2019s growth rate exceeds target\" class=\"hm-read-more\" href=\"https:\/\/amazingproperty.com.ng\/blog\/as-nigeria-ranks-second-worst-electricity-chinas-growth-rate-exceeds-target\/\"><span class=\"screen-reader-text\">As Nigeria ranks second worst electricity, China\u2019s growth rate exceeds target<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":7820,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[4],"tags":[12908,543,522,84,116,15296,15303],"class_list":["post-7819","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-opportunities-in-new-markets","tag-home","tag-home-buying-guide","tag-nigeria","tag-real-estate","tag-real-estate-investment","tag-target","tag-twitter"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/01\/buhari-china-e1461526702537.jpg?fit=412%2C275&ssl=1","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/7819","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/comments?post=7819"}],"version-history":[{"count":0,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/7819\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media\/7820"}],"wp:attachment":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media?parent=7819"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/categories?post=7819"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/tags?post=7819"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}