China’s economy grew 8.1% in 2021 compared to a year ago
- Analysts polled by Reuters expected China to report fourth-quarter GDP growth of 3.6% from a year ago, slower than the 4.9% expansion reported in the third quarter.
- However, retail sales missed expectations, growing by 1.7% in December from a year ago. Analysts polled by Reuters had predicted a 3.7% increase.
- For the full year, China economists expected an average of 8.4% growth in 2021, according to financial data provider Wind Information.
CHINA (DEC) RETAIL SALES (YOY) ACTUAL: 1.7% EST 3.8%
— FXHedge (@Fxhedgers) January 17, 2022
Great news pic.twitter.com/aCa2RLvjVV
— Alastair (@StockBoardAsset) January 17, 2022
CHINA'S ECONOMY IS EXPECTED TO ACCOUNT FOR 18% OF THE GLOBAL ECONOMY IN 2021 – CHINA'S NBS.
— FinancialJuice (@financialjuice) January 17, 2022
China cuts policy rates for the first time since April 2020 as Beijing continues to ease as the Fed prepares to tighten.
— zerohedge (@zerohedge) January 17, 2022
https://twitter.com/Fxhedgers/status/1482886095809376257
Got a news tip or correction? Let us know
If you got something out of this, please chip in to keep this site running, or subscribe to go ad-free.
1 view