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21 Jan 2019
China's growth pulse has decelerated through 2018 - Westpac
Analysts at Westpac offer a sneak peek at what to expect from the key Chinese Q4 2018 GDP data due to be reported on Monday at 0200 GMT.
Key Quotes:
“China's growth pulse has decelerated through 2018.
Seems likely the target of 6.5% growth will still be achieved.
In contrast, quarterly growth is likely to be 1.5% (6.0% annualized) or below, as weak investment weighs.
The focus has already shifted to the year to come.
Most likely to be around 6.0%.
In the months ahead, investment is likely to struggle to accelerate from its current pace. Meanwhile, the strong consumption growth of early-2018 continues to decelerate.”