Chinese Economic Slowdown Looks Even Worse Across Some Provinces
This article is for subscribers only.
Chinese provinces that account for about a third of the economy are enduring a worse year than the nation as a whole, succumbing to a slowdown that likely swayed the government in moving ahead with a range of stimulus measures last month.
Only five mainland provinces are seeing real gross domestic product growing faster this year than the whole of last year, according to Bloomberg calculations based on official figures. Of the 26 provinces that have reported third-quarter data, 11 experienced a steeper deceleration than the national slowdown.