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China's Q4 GDP growth seen hitting 1-1/2-year low, raising heat on policymakers

From nasdaq.com

China's economy likely grew at the slowest pace in 1-1/2 years in the fourth quarter, dragged by weaker demand due to a property downturn, curbs on debt and strict COVID-19 measures, raising heat on policymakers to roll out more easing steps. Data on Monday is expected to show gross domestic product (GDP) grew 3.6% in October-December from a year earlier - the weakest pace since the second quarter of 2020 and slowing from 4.9% in the third quarter, a Reuters poll showed. On a quarterly basis, growth is forecast to rise to 1.1% in the fourth quarter from 0.2% in July-September. For 2021, GDP likely expanded 8.0%, ... (full story)

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  • Category: Fundamental Analysis