China GDP growth slowed to 2.9% yoy in Q4, but beat expectations

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China GDP growth slowed to 2.9% yoy in Q4, but beat expectations

China’s GDP growth slowed to 2.9% yoy in Q4, down from Q3’s 3.9% yoy but beat expectation of 1.8% yoy. For 2022 as a whole, GDP grew 3.0%, sharply lower than 2021’s 8.4%, but was better than 2020’s 2.2%. That’s still the second worst on record nonetheless. In December, industrial production rose 1.3% yoy, above […]

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Source: China GDP growth slowed to 2.9% yoy in Q4, but beat expectations