China’s GDP came in at a disappointing 8.1%, below the 8.4% expectation. What is more is the GDP print last quarter was 8.9%.
When combining the recent manufacturing as well as the entire series of economic reports paints a gloomy picture and trend that is undeniable. China is slowing and it will be difficult for the government to orchestrate a soft landing – especially with Europe as their key trading partner.
See the entire series below (click for pdf report)