China’s consumer is MIA
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It’s that time again: China’s stats bureau published the Q3 GDP results this morning.
The upshot? Meh.
China’s GDP increased 4.9% y/y in real terms in Q3.That’s better than 3.2% in Q2 but was below expectations of 5.5% y/y growth.
Both in real and nominal terms, the economy is st...
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