China GDP for Q2 comes in at +11.5% q/q (vs. expected at +9.6%)
April to June GDP data from China +11.5% q/q (sa) and +3.2% y/y
– expected 9.6% q/q, prior -9.8%
– expected 2.4% y/y, prior -6.8%
Debate will rage about the veracity of Chinese economic data but there oyu have the headlines FWIW. Without getting into the debate the headlines are a solid beat indeed.
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