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EM Country Briefing: China: Growth cools in Q1

Name: 16/04/2013. Commerzbank: EM Country Briefing: China: Growth cools in Q1
Creator: Cbonds
License: https://creativecommons.org/licenses/by/4.0/

16/04/2013 | Commerzbank

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GDP for Q1 was slower than market expectations but consistent with our subconsensus
GDP forecast for 2013. We think weak trading partner growth and rising
domestic costs are contributing to slower growth and going forward credit access
could tighten as banks maintain credit quality. We see interest rates on hold this year
with risks still slightly skewed towards tightening given ongoing strength in the
property market.

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