Swiss Economicblogs.org
Recent data points to possibility of upside surprise in third-quarter GDP, but momentum may not last. September purchasing manager indices (PMIs) provided the latest evidence pointing to relatively strong Q3 GDP growth in China (the GDP report will be released later this month). However, we believe the structural downward trend in Chinese growth will resume as property investment loses momentum and the government continues to cut industrial overcapacity.China’s official manufacturing PMI...
Read More »PMIs further evidence of short-term economic strengthening in China
