View full page at forexfactory.com

 

What to Watch in China GDP Data as Economic Rebound Strengthens

From bnnbloomberg.ca

China is the only large nation that is expected to grow this year, with booming export demand driving an industrial rebound and the nation’s control of the Covid-19 outbreak allowing it to also reopen the domestic economy. Data for the third-quarter due next week are predicted to show gross domestic product regaining all the ground lost in the first half of the year, according to a Bloomberg survey. Industrial output is forecast to continue its V-shaped recovery and retail sales are set to continue growing, although they’re still well below the level in 2019. “The recovery in China is on track while the drivers are ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis