China's q/q Q3 GDP improved, but the y/y was the slowest in a year:
Other data was better, although property investment cratered:
China National Bureau of Statistics (NBS) spokesperson comments, priomising more stimulus:
- Will intensify and optimize counter-cyclical policies, expand domestic demand, and strengthen domestic circulation
- Will further stimulate market vitality, boost growth expectations, strengthen endogenous momentum, and promote sustainable economic growth
- Since Q3, tariff abuse by certain countries has disrupted global trade order, with rising unilateralism and protectionism increasing instability and uncertainty in global trade growth
