China Growth Tacker – Resilience In Chinese Growth
We recently published a note on how to track Chinese growth in real-time using financial and commodity market prices. In these weekly reports, we will update the indicator to help us track growth. The latest data shows:
Our overall short-term growth tracker is down on last week, but remains high relative to historical values (Chart 1). The long-term growth tracker has moved into positive territory for the first time since Jan 2020.
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