In his exclusive CGTN report, our Chief Strategist, Jimmy Zhu, shared his views on China’s economic growth outlook.
Key takeaways include:
✅ China's GDP growth in Q3 is 4.9%, lower than Q2’s 7.9%.
✅ Total retail sales figure increased by 4.4% YoY.
✅ The country might ease the tight raw material supplies in Q4.
✅ Local banks accelerated the RMB loans by 12.65% and 36.40% in August and September, and credit supply is expected to remain high in Q4.
✅ PMI declined to 49.6 in September. Read the full report
Read the full report!