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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.”

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