Oct 19, 2023 07:26 PM
OPINION
Opinion: Despite China’s Better-Than-Expected GDP Growth, Markets Are Unimpressed
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On Wednesday, news of China’s economy made the headlines — the country’s GDP grew by 4.9% in the third quarter, surpassing the predicted 4.4%. Based on this, China’s GDP grew by 5.2% year-on-year in the first three quarters, putting annual growth of 5% well within reach given this trajectory.
Yet, data for September offers more nuanced insights, some upbeat and some not:
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