China's latest GDP figures in 12 charts
A closer look at the data behind the latest China GDP figures highlights the challenge facing the country to maintain its growth momentum. On the surface the reported 7% figure was in line with expectations for the year, however, the quarterly growth figure of 5.3% highlights the challenge facing China. Bloomberg have broken the GDP result into 12 charts which is a fascinating read. I picked two (attached below) being Premier Li Keqiang's favoured measure of activity which tracks electricity, rail freight and bank loans. This suggests the GDP figure was even lower than the stated 7% for the year. The other one looks at trends in the all important property market. The full set of charts is here (VIEW LINK) and certainly worth having a look.
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