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Chinese GDP Down to Minimum Since 2009

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 19, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    China’s GDP in Q3 of 2015 has slowed to 6.9% and as such is the worst it has been since March 2009. In Q1 and Q2 of this year the economic growth for the country stood just above 7% YoY. However, in Q3 the expectations has been set at 6.8%. Industrial manufacturing growth in September was down to 5.7% from August’s 6.1% YoY. The indicator was expected to be at 6%. The Chinese authorities are yet to panic despite the slowing of growth, believing the country’s economy is in a decent state of

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