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Monday, January 17, 2022

China grew 8.1% in 2021!



Let's break it down to understand China's GDP growth better.

China grew 4% in Q4 year-on-year which was lower than Q3 because of the omicron outbreak.

However, China grew 1.6% in Q4 quarter-on-quarter which was double of Q3.  This showed that China had already passed its economic trough.

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