The Numbers
Robust China GDP Masks Weak Demand Conditions
Chinese data releases were mixed on Monday. GDP growth accelerated from 4.0% y/y to 4.8% y/y in Q1, beating expectations of 4.2% y/y. Fixed assets investment growth slowed to 9.3% y/y in the first three months of the year from 12.2% y/y in January and…
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