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DE | Anytime | Flash | China’s Q3 GDP Slowed On Production Disruption- 10/18/2021
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China’s GDP grew 4.9% YoY (0.2% QoQ) in Q3 2021, slowing from Q2’s 7.9% rise and undershooting the market expectation of a 5% growth. Mixed headwinds led to the economic slowdown from strict restrictions against the Delta variant of the virus to the Government’s crackdown on the property market to the recent nationwide power crunch.