China’s Q3 GDP data: the number to know
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Real GDP growth came bang in-line with market expectation of 6.8% y/y when it was released this morning – that was down a scooch from 6.9% in Q2.
But as we’ve been pointing out this week, the number that matters more is nominal GDP growth, which came in at 11.2% y/y – up a scooch fro...