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China Flash: Q3 GDP growth slows as expected, while positive September activity indicators suggest momentum has bottomed out

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Published on Wednesday, October 17, 2012

China Flash: Q3 GDP growth slows as expected, while positive September activity indicators suggest momentum has bottomed out

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Summary

Q3 GDP growth continued to slow, to 7.4% y/y from 7.6% y/y in Q2, exactly in line with our and market expectations. Meanwhile, activity indicators in September exceeded expectations.