A WEAK CHINESE ECONOMY SET TO DOMINATE THE CCP CONGRESS ON THE 16th of OCTOBER.

This article examines the latest data on the Chinese economy including profitability, turnover, investment, retail sales, real estate and exports. It shows a weak economy that is likely to dominate the Congress, and in many ways, the difficult proposals to re-invigorate the economy will be more consequential than the leadership election itself.

errata: When annualizing the complex rate of return I mistakenly took August to be month 9 instead of 8. This is now corrected. The Rate therefore fell to 5.49% and not 4.88% as reported in the original. I have now corrected and replaced the article. What is important is that the trend remains unaltered.