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28th Sep 2023 08:35China+, Daily Monitor

  • China’s current-account surplus was 1.7% of GDP in H1, down from 2.2% in the year of 2022.
  • The trade balance will likely come in smaller for the full year than last year, amid global trade weakness.
  • Targeted stimulus should help boost demand for industrial products and thus support profits.

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Keywords for: 29 September 2023 China+ Monitor

Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence