Columbia International Affairs Online: Policy Briefs

CIAO DATE: 09/2013

China: Highlights and Key Issues

October 2012

Oxford Economics

Abstract

The Chinese economy expanded by 7.4% year-on-year in Q3, down from 7.6% in Q2, but stronger than we had expected. Of particular surprise was the implied quarterly growth rate; based on the seasonally adjusted data released by the NBS, the economy expanded at an annualised rate of 9.1%, the strongest since 2011Q3.