The Numbers
Sub-5% Q3 Growth In China
China’s Q3 GDP release confirms that economic activity is decelerating sharply. GDP grew 4.9% y/y – slightly below consensus estimates of 5.0% y/y and significantly slower than Q2’s 7.9% y/y rate. The quarter-on-quarter pace eased from Q2’s 1.3% to 0.2% –…
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