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China Q4 GDP Seen Slower at 4%: Yicai

MNI (Singapore)

China’s Q4 GDP may have slowed to about 4% from 4.9% in the previous quarter, rounding out whole-year growth to 8%, reported citing analysts. The average forecast for fixed-asset investment growth in 2021 is 5.29%, among which real estate investment may slow to 5.71% with new projects and home sales dropping significantly amid tight regulations on funding and land supply, the newspaper said. The robust exports helped offset sluggish domestic demand, it said. The increase in imports and exports in 2021 will be about USD1.3 trillion, equivalent to the total increase in the past 10 years, the newspaper said. China releases 2021 GDP data on Monday.

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