China’s economy grew 8.1% in 2021, weaker than expected…. Cuts policy rates for the first time since April 2020

Sharing is Caring!

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.

 

See also  Nigeria: "Government has determined that the NIN-SIM Policy implementation can proceed, as machinery has already been put in place to ensure compliance."
Help Support Independent Media, Please Donate or Subscribe:
Trending:
See also  US Gov I-bond interest rates for April 2022 - 9.62%

Views: 3

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.