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China’s 2020 official data don’t add up, Economy in deep trouble - IFE News Network
While the 4.9% print missed rather exuberant market expectations of over 5% growth, the real head-turner was Beijing’s announced revisions to its fixed asset investment (FAI) data for September 2019. The revised numbers depressed last September’s FAI by 2.8 trillion yuan, thereby boosting this year’s growth figures as well as the Q3 GDP. China’s National […]
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