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China Q4 GDP Growth Faces Pressure: Herald

CHINA PRESS
MNI (Singapore)

China's economy GDP growth in the fourth quarter faces many uncertainties, including recurring cases of Covid-19 outbreaks, which has been particularly widespread in November, the 21st Century Business Herald reported citing Zhang Yongjun, an economist with China Center for Economic Exchanges. Exports in November and December this year may be weaker than usual given that the global shipping bottleneck prompted buyers to prepare orders five months ahead of normal timeline, the newspaper said citing analyst Zhang Yu of Huachuang Securities. GDP may slow to between 4% and 4.5% from 4.9% in Q3, the newspaper said.

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