Economic calendar in Asia 17 January 2024 – China Q4 GDP & December economic activity data

<p>New Zealand data kicks off the data agenda but its China that eyes will be on. </p><p>China's 2023 economic growth data is expected to show a full year result of 5.2%, which is pretty much spot on the government's 'around 5%' target. Which will surprise absolutely no one. The National Bureau of Statistics (NBS) knows how to hit a target, and the 'crats there know whats good for them. </p><p>As for the December data, the focus is on retail sales. They are expected to show decent growth, but not as much as in November. Those looking for a rally in Chinese stocks might get some joy, there wasn't much on this apparent good news yesterday:</p><ul><li><a href="https://www.forexlive.com/news/chinas-sovereign-wealth-fund-says-it-will-help-with-market-stabilization-in-2024-20240116/" target="_blank" rel="follow" data-article-link="true">China's sovereign wealth fund says it will help with market stabilization in 2024</a></li></ul><p>But, that's better than nothing!</p><ul><li>This snapshot from the ForexLive economic data calendar, <a href="https://www.forexlive.com/EconomicCalendar" target="_blank" title="Click here!">access it here</a>.</li><li>The times in the left-most column are GMT.</li><li>The numbers in the right-most column are the 'prior' (previous month/quarter as the case may be) result. The number in the column next to that, where there is a number, is the consensus median expected.</li></ul>

This article was written by Eamonn Sheridan at www.forexlive.com.

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *