GDP rose by 0.2% q/q (1.0% y/y) marginally weaker than we expected (and in line with consensus).
Article
US chips controls could constrain China’s tech development goals
Trade tensions between the United States and China have been ebbing and flowing for many years – culminating in the trade war between mid-2018 and early 2020. Although China’s failure to meet the commitments outlined in the Phase One trade deal did not see a broad resumption of trade hostilities, recent US policy moves have sought to curtail China’s technology sector which could constrain a key part of the country’s planned economic development.
For further details, please see the China Economic Update (December 2022)
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