China data is due at 0200GMT – GDP preview

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Data from China due on Monday 18 January 2021 at 10 am Beijing time (0200GMT):

As posted earlier:

China GDP

  • expected +2.7% q/q, +6.2% y/y

  • prior was +2.7% q/q and +4.9% y/y

& China activity data for December 2020

Industrial Production y/y

Industrial Production YTD y/y

Fixed Assets (excluding rural) YTD y/y

Retail Sales y/y,

Retail Sales YTD y/y

  • expected -36.9%, prior was -4.8%

  • note the dichotomy between industrial production and retail sales, this is (an admittedly imperfect) indication in the changing recovery rates of the industrial and domestic demand sectors

I’m a wee bit snowed under so if you are after a preview I’ll refer to this helpful pice from Reuters that discusses what’s going on China a little more widely also:

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