Macro View

A double dip?

  • Published 17 Jun 2010

Is China likely to see a slowdown or a slump in the second half?

Our GDP growth forecast for 2010 of 9% – which is well below the consensus – presupposes a significant slowdown in 2H growth this year, following the 11.9% expansion in Q1. There are several reasons for this call, some of which are explored further in this issue.

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