China’s economic growth accelerated for the first time in seven years last year, reaching 6.9% on rising demand. But the expansion’s key drivers, from investment to consumption, appear to be weakening.
HANDAN, China—Steel makers all over this soot-covered city offer a glimpse into why China’s hard-charging economy is expected to come under pressure this year.
Growth in the world’s second-largest economy accelerated for the first time in seven years last year, reaching 6.9% on rising demand from both home and abroad, official data released Thursday show.
