China’s fourth-quarter GDP grows at 5.4%, beating market expectations as stimulus measures kick in
- China's economy grew at 5.4% in the fourth quarter, exceeding market expectations as stimulus measures were implemented.
- Despite growth, consumer activity has not fully rebounded, and deflation risks remain, according to the National Bureau of Statistics .
- Harry Murphy Cruise of Moody's Analytics stated that fiscal supports are essential to restore confidence in the economy.
- China's GDP growth for the year was 5%, matching the government's target but slowing compared to the previous year.
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Coverage Details
Total News Sources0
Leaning Left25Leaning Right18Center28Last UpdatedBias Distribution39% Center
Bias Distribution
- 39% of the sources are Center
40% Center
L 35%
C 40%
R 25%
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