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China’s GDP Is Going To Double

From forbes.com

Yes, the trade war is a headwind for China businesses, with nearly 60% of business leaders in one survey saying it’s a negative for them. That won’t stop the Chinese economy from doubling this year from where it was in 2010. That’s “mission accomplished” for Beijing. For investors, China still looks to be in beast mode. This week, the National Bureau of Statistics (NBS) in China revised their real GDP growth rate higher by 0.1 percentage points per year between 2014 and 2018 while leaving it unchanged for other years. The revision was expected following their revision of 2018 nominal GDP in late November. So at that, ... (full story)

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  • Category: Fundamental Analysis