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prc30 / Peter Alexander
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2024-10-18 02:35:36

prc30 on Nostr: #China GDP for Q3 is out and it came in slightly better than expected at 4.6%. It’s ...

#China GDP for Q3 is out and it came in slightly better than expected at 4.6%.

It’s all optics mind you and basically everyone just focuses on the topline data point without looking too much into the details.

We are still watching play out the back and forth battle over whether the central government will finally announce some fiscal support.

I remain very doubtful.

https://www.cnbc.com/2024/10/18/chinas-reports-third-quarter-gdp-growth-of-4point6percent-beating-expectations.html
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