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China’s GDP Numbers Show Stable But Mixed Growth

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Rupert Hargreaves
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China’s GDP Numbers … China’s long-awaited official fourth quarter and full-year 2015 GDP figures were released last night. The numbers came in lower than expected at 6.8%, compared to the median Bloomberg estimate of 6.9%. For 2015 as a whole, China’s GDP expanded 6.9% year-on-year, down slightly from 7.3% YoY in 2014 but still in line with the government’s annual growth target of “about 7.0%”. Sequential growth came in at 1.6% quarter-on-quarter for Q4 2015, down from 1.8% in Q3 2015. GDP deflator growth fell to -0.8%, down from -0.7% in Q3 2015.

China’s GDP Numbers: Sector breakdown

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