Industry - Country Industry Forecasts - China
With a 1.1% q/q expansion of industrial output in Q3 and 6.6% y/y monthly growth in November, industrial output in China is firmly on track to expand by about 4.5% in 2023. We expect a broadly similar pace of annual growth in 2024 as government stimulus measures are joined in the second half of the year by strengthening external demand.
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