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Update Alerts

China’s economy slows in Q3, stabilises in September

18 October 2012

China’s economy slowed to 7.4% YoY GDP growth in Q3, down from 7.6% YoY in Q2 and 8.1% YoY in Q1 but remained above Beijing’s 7.5% YoY target for the full year, registering an overall growth rate of 7.7% YoY for the first nine months. We think that with industrial value added output (IVAO), fixed asset investment (FAI) and retail sales showing stronger readings in September on a YoY basis, a soft-landing scenario for the economy in 2012 is looking increasingly likely, with official full-year GDP growth set to come in at around 7.7% (CC Oct 4 Macro View). 

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