Free Trial

China Q3 Growth Seen at 5.3%: Daily

CHINA PRESS

China's Q3 GDP is forecast to have increased 5.3% with real estate and infrastructure projects as the main drivers, while rising manufacturing investment and retail sales in Q4 will help round out positive full-year growth, the Securities Daily reported on Monday citing Guotai Junan Securities. Lagging consumption will catch up as more channels which have been locked down due to the pandemic re-open, according to Li Chao, an economist from Zheshang Securities. Export and production strength also drove growth in Q3, Li said.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.