20 Jan 2017
China powered through a volatile start to the year with strength – BBG
Analysts at Bloomberg express their afterthoughts, following the release of the Chinese macro dataflow earlier on the day.
Key Highlights:
China powered through a volatile start to the year with strength that surpassed expectations
Propelled by robust consumption
Manufacturing rebounding
Deflation tamed
The central bank is turning to neutral policy to address a debt binge that inflated asset bubbles during a two-year easing cycle