Swiss Economicblogs.org
China’s Q1 GDP higher than forecasts, but we maintain our view that growth will start to slip, especially in the second half of 2017.Chinese GDP grew 6.9% year-over-year (y-o-y) in real terms in Q1 2017, up from 6.8% in Q4 2016 and 6.7% for the full year of 2016. The strong growth figure beats both the consensus forecast (6.8%) and our own estimate (6.7%). In nominal terms, the rise in GDP was even more significant, growing 11.8% over the year to March 31, mainly driven by higher prices...
Read More »China GDP beats expectations, but no change in core scenario
