David Reavill

Weekend Review (2): US vs. Chinese GDP.


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And this is the weekend edition of our podcast for October 24 and 25. It's the time we look back at the major economic events, and news that impacted the Financial Markets in the week just past.
The big news this week was the announcement last Monday that the Chinese Economy continues to rebound from the Economic Down Turn of the First Quarter.
In the third quarter of the year, the Chinese economy grew at a 4.9% annual rate, this topped the second quarter growth rate of 3.2%. And brought the Middle Kingdom fully back on track economically, to a positive 7/10% growth rate so far this year.
No recession for the Chinese, and at least by these numbers, so far a full recovery from the impact of the quarantine.
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David ReavillBy David Reavill

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