1.6% q/q

  • expected 1.1%, prior 0.2%

4.0% y/y

  • expected 3.6%, prior 4.9%

2021 as a whole, GDP +8.1% y/y

Better than expected for GDP in the final quarter of the year. China is currently grappling with OPmicron and a debt-driven drop in the property sector. Q1 2022 is getting off to a rough beginning.

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Earlier today from China:

China recap - PBOC rate cuts