Chinese Data Greeted With Muted Market Reaction
A large menu of Chinese data releases proved not as weak as expected, but can the figures claimed by Beijing officials be believed as accurate? The muted reaction of investors suggests not. Chinese real GDP stagnated last quarter. Analysts were looking for a quarterly contraction of about 1% and consequently weren’t expecting year-on-year growth of […]
A large menu of Chinese data releases proved not as weak as expected, but can the figures claimed by Beijing officials be believed as accurate? The muted reaction of investors suggests not. Chinese real GDP stagnated last quarter. Analysts were looking for a quarterly contraction of about 1% and consequently weren’t expecting year-on-year growth of […]
