19 Sept 2022 China+ Monitor Better Late than Never for China's Reopening Bounce

Craig Botham16th Sep 2022 14:27China+, Weekly Monitor

Chinese economic data for August surprised to the upside, compensating for a poor July.
Some of the strength is genuine, thanks to stimulus efforts, but base effects played a role.
Most of the tailwinds are unlikely to last more than a month, so we expect slower growth in September.

August base effects car sales congress durable goods easing economy energy energy inflation food food inflation funds gdp gdp forecast government governments growth headline growth industrial production industrial production growth inflation July labour labour market local governments manufacturing mortgage policy production q3 raw materials real estate remain retail retail sales September us weather

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