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Tag Archives: Chinese rebalancing

Chinese economy continues to rebalance

Chinese GDP slightly above expectations in Q2. We maintain our forecast of 6.5% growth this year. China’s GDP growth came in at 6.7% year-on-year in Q2 2016, unchanged from Q1 and slightly better than expectations. A detailed breakdown of the GDP number released on 15 July is still unavailable, but we can gain a better understanding of the state of the Chinese economy by looking at some other indicators that have been published recently.First, household consumption is becoming ever more...

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