External broker reports(aggregated public sources), Nordea

Nordea

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External broker reports(aggregated public sources)

Macroeconomics

<ul><li>China’s GDP increased by 5.3% y/y and 1.6% q/q in the first quarter of 2024.</li><li>The quarterly numbers were somewhat higher than had been expected but many monthly indicators actually weakened in March.</li><li>There continues to be large sectoral differences in the short-term outlook which is not a surprise given the weak confidence in the household sector but on the other hand the ambitious growth target and increased fiscal stimulus.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

China’s GDP increased by 5.3% y/y and 1.6% q/q in the first quarter of 2024.The quarterly numbers were somewhat higher than had been expected but many monthly indicators actually weakened in March.There continues to be large sectoral differences in the short-term outlook which is not a surprise given the weak confidence in the household sector but on the other hand the ambitious growth target and increased fiscal stimulus.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

China: Keeping up appearances