1/22/2020

Not with a bang: China’s growth fade

"Official real GDP growth was pronounced 6.1 percent for 2019. Since China has guided GDP growth very, very (very) steadily lower for years and previously gave the permissible range at 6-6.5 percent, only 6.1, 6.2, 6.3, and 6.4 were possible. In this light, 6.1 is a signal of stress, with Chinese characteristics."