Beyond the Headlines: Five Things to Watch in China's GDP Report
- Quarter-on-quarter and nominal figures offer a better picture
- Income, jobs and sales figures highlight consumers' power
Rapid income growth over the last decade has made Chinese consumers an increasingly powerful force, snapping up Apple iPhones, Tiffany diamonds and Toyota sedans.
Photographer: David Paul Morris/BloombergThis article is for subscribers only.
While Chinese stocks have whipsawed investors, the economy has proved more stable, with growth still forecast to be in line with the government’s target of about 7 percent.
The nation’s fourth quarter and full-year gross domestic product report will be released Tuesday at 10 a.m. in Beijing, or 9 p.m. Monday on Wall Street. Growth in the world’s second-largest economy for the quarter and year were both 6.9 percent, according to a Bloomberg survey of economists as of Monday.