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China Monthly

Growth Peaks in Q1

EXECUTIVE SUMMARY

China’s economic data from March should show that strong growth continued in Q1. GDP growth remained well into the double digits as investments were deployed ahead of monetary tightening, and China benefited from global restocking.  The temporary softening of consumer prices after the Chinese New Year likely kept inflation below the pivotal 3% range in March, but loose monetary conditions continue to fuel inflationary pressures. Investment and industrial production (value-added) showed signs of slowing in March, a trend that will deepen over the course of 2010. The[...]

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