China GDP grew 4.0% yoy in Q4, weak retail sales

China GDP grew 4.0% yoy in Q4, much faster than expectation of 3.3% yoy. On a quarterly basis, GDP grew 1.6% qoq, above expectation of 1.1% qoq. For 2021 as a whole, GDP grew 8.1%, slightly above expectation of 8.1%. In December, industrial production rose 4.3% yoy, above expectation of 3.6%. Retail sales rose 1.7% […]

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