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Chinese recovery still hangs on stimulus

October 20, 2020 - 00:20 -- Admin

China dropped its Q3 data dump late yesterday so let’s take a look. Year to date GDP came in at 4.9%: The growth internals for September were 1.2% for industrial production YTD, fixed asset investment 0.8% YTD and retail sales -7.2% YTD but 3.3% YOY: Property sales were solid in Q3 but have lately tumbled:

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