Strategy Note /
ChinaChina slowing, not stopping: Policy stimulus and equity inflows in 10 charts
China deceleration: export demand helping manufacturing but zero-Covid lockdowns, property defaults hurting consumption
But this is not a surprise. Indeed, slowdown was less sharp than expected – GDP grew 4% yoy in Q4 versus 3.6% consensus
And deceleration is prompting policy stimulus, for which there is plenty of room (real interest rate is still positive)
Hasnain Malik
Strategy & Head of Equity Research @ Tellimer Research
17 January 2022
Published byTellimer Research
