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Friday, January 25, 2019

China Economic Outlook. First quarter 2019

The low Q4 GDP figure sends the 2018 whole year GDP growth slowing down to 6.6%, the lowest growth rate for the past 28 years since 1990. This suggests that Chinese economy further moderated amid the unsettled trade war with the US and previous domestic deleveraging measures. It prompted the authorities to beef up their easing measures to offset headwinds to the economy.

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