China’s q/q Q3 GDP improved, but the y/y was the slowest in a year:
Other data was better, although property investment cratered:
China National Bureau of Statistics (NBS) spokesperson comments, priomising more stimulus:
- Will intensify and optimize counter-cyclical policies, expand domestic demand, and strengthen domestic circulation
- Will further stimulate market vitality, boost growth expectations, strengthen endogenous momentum, and promote sustainable economic growth
- Since Q3, tariff abuse by certain countries has disrupted global trade order, with rising unilateralism and protectionism increasing instability and uncertainty in global trade growth
This article was written by Eamonn Sheridan at investinglive.com.