External broker reports(aggregated public sources), Nordea

Nordea

Nordea is the bank in the Nordics dedicated to serving corporations and institutional customers. Our offering includes a diverse range of financing, cash management and payment services, investment banking, capital markets products, securities services and more. Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

External broker reports(aggregated public sources)

China Economics: Troubles Not Easily Solved by Beijing’s Support Measures

China Economics: Further Recovery Hinges on Painful Readjustments

China Economics: “Japanification” in China and the New Low Growth Equilibrium

Macroeconomics

<ul><li>China’s GDP increased by 1.3% q/q and 4.9% y/y in the third quarter of 2023.</li><li>Based on these numbers, it seems that China’s growth rates have stabilised since the poor development in the spring (GDP increased by only 0.5% q/q in Q2 2023), and growth continues to be in line with our 5% forecast for the whole year.</li><li>However, it is good to keep in mind that many China analysts’ own estimates indicate that growth momentum is actually relatively weaker in China and the official numbers may overestimate it at the moment.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

China’s GDP increased by 1.3% q/q and 4.9% y/y in the third quarter of 2023.Based on these numbers, it seems that China’s growth rates have stabilised since the poor development in the spring (GDP increased by only 0.5% q/q in Q2 2023), and growth continues to be in line with our 5% forecast for the whole year.However, it is good to keep in mind that many China analysts’ own estimates indicate that growth momentum is actually relatively weaker in China and the official numbers may overestimate it at the moment.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

China: Stabilisation, but at Lower Levels