![China's economy set to slow to 6.5 percent in 2018 as government turns off cheap money: Reuters poll]( "China's economy set to slow to 6.5 percent in 2018 as government turns off cheap money: Reuters poll")
China’s economy is expected to cool this year as a government-led crackdown on debt risks and factory pollution drag on overall activity, a Reuters poll showed on Tuesday. Beijing is in the second year of a relentless campaign to wean China off its debt-heavy investment model, clamping down on everything from speculative property lending to shadow-bank financing activities as policy makers look to foster sustainable longer term growth. A government-led infrastructure spending spree, which partly contributed to better-than-expected growth last year, may “fare below expectations” due to tighter financial scrutiny, said Zhang Yiping, an analyst with China Merchant Securities.
