BEIJING—China used a surge of easy credit and state spending to eke out 6.7% growth in the economy for 2016, the weakest rate in a generation. The published rate was well within leaders’ target range of between 6.5% and 7%, but economists say Beijing only got to the final number by relying heavily on short-term measures likely to delay much-needed overhauls to bloated state-owned companies and the country’s inefficient financial...

Source: Wall Street Journal January 20, 2017 02:03 UTC