HERE COMES CHINA GDP... by David Scutt on Jan 18, 2016, 8:36 PM Advertisement
 Whether you believe its accuracy or not, in just a few minutes time China will release its GDP report for the December quarter. According to a survey of 50 economists polled by Thomson Reuters, annual economic growth is expected to slow from 6.9% to 6.8%, taking the growth rate to the lowest level since the first quarter of 2009 if realised. Reflective of the vast disparity between opinions on how the economy is currently travelling, forecasts range from 5.3% to 7.1%. Pointing to the likelihood that the actual GDP figure is likely to match or slightly beat consensus, the past five GDP figures have either been in line with forecasts, or exceeded them, by 0.1%. Alongside the GDP figure, the National Bureau of Statistics will also release industrial production, retail sales and and urban fixed asset investment number for December. For those looking for further information on what to expect from the data dump, this 10-second guide will help bring you up to speed. The data will be released at 1pm AEDT. Business Insider will have full coverage as soon as the data drops.
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