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China’s Growth: Stable?
- China’s first quarter GDP figures were marginally below expectations: 7.7% Y/Y versus Consensus: 8% and DE 8.1%. This outcome—also marginally weaker than Q4-2012’s (7.9% Y/Y) — is still qualitatively consistent with our (and implicitly the market’s) assessment: real GDP growth was stable, i.e., the pace of expansion of the economy moved rather sideways.Not yet a Decision Economics member? Click here to register for a FREE 30 day trial.If you are already a member, click here to login.