Is the October surprise too good to be true?

China’s October activity data provide the strongest signs so far of economic recovery. Given that they have been published while the Party Congress is in session, some sceptics have questioned whether they can be believed. In our view, there is solid evidence of a turnaround but not of a strong rebound.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.
By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.

Already a client or trialist? Log in to read this.