Daily Memo: China’s Uneven Recovery

The economy grew but fell short of expectations. Meanwhile, India demonstrates how suspicious it is of China.

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China’s economy falls short. China’s economy grew an estimated 4.9 percent year over year in real terms in the third quarter, according to official figures, leading the global recovery but falling slightly short of expectations. The main driver was industrial production, which grew 6.9 percent in September alone. But Chinese consumption is still a mixed […]

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