China Q3 GDP +0.2% q/q (expected +0.5%)

China July to September 2021 economic growth data comes in at 0.2% q/q  for a miss

  • expected +0.5% q/q, prior was +1.3%

And 4.9% y/y

  • expected +5.2% y/y, prior was +7.9%
January – September GDP is 9.8% y/y

more to come

Q3 saw a renewed round of COVID-19 outbreaks and restrictions, supply chain bottlenecks and a relatively tight PBOC policy stance.
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