Market reaction to China’s GDP data muted
The kiwi dollar dropped slightly against the greenback and the NZX made no noticeable change. With special audio feature.
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New Zealand markets seemed unfazed by the slowest annual GDP growth in China for 25 years, with both the NZX and the kiwi dollar showing little reaction to the news yesterday.
Official government figures revealed the People’s Republic grew by 6.9% in 2015 – down from 7.3% the year before.
The
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Jason Walls
Wed, 20 Jan 2016
Wed, 20 Jan 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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Market reaction to China’s GDP data muted
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