Q4 2017 China Macro Data Recap

Stability in headline GDP growth in Q4 and a mild uptick in industrial output were reported alongside a sharp slowdown in money supply and credit growth. The squeeze on credit availability for corporates and local governments and the potential impact on investment growth warrant careful scrutiny in early 2018. Import levels and inflation indicators continue to point to modestly weaker economic momentum.

Posted January 23, 2018
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