China’s Economic Trajectory Is Weakening For Now, But Citi is Growing There

We ended the week with more evidence that the world’s second-largest economy entered the final quarter on a weakening trajectory. China’s economic activity cooled more than expected at the start of the fourth quarter, with an unprecedented slump in investment and slower growth in industrial output adding to a drag from sluggish consumption.

Expansion had already moderated over the previous six months, and China is more vulnerable after a surprise contraction in exports that, if sustained, would leave it more exposed to a slowdown in domestic demand.