Yuan articles
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Yuan Weakens After 'Unbalanced' Chinese Economy Sees GDP Beat In Q1 But Domestic Consumption, Production Disappoint
Yuan Weakens After 'Unbalanced' Chinese Economy Sees GDP Beat In Q1 But Domestic Consumption, Production Disappoint China’s economic growth beat expectations in Q1, rising +5.3% YoY - considerably stronger than the +4.8% consensus, and inching ahead of Q4's +5.2% YoY growth. Source: Bloomberg Notably, that this is the first time the market compares two periods of economic growth without China'z Zero-COVID policy's impact, and overall, as we detail below, economic activity data...