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Last week was packed with economic data releases from China. The biggest of which was arguably the announcement of China’s Q4 2019 and full-year GDP growth data. Most media outlets were eager to point out that the 6.1 percent growth in China's GDP in 2019 was the lowest annual growth rate in 29 years.
On the contrary, the Chinese news agencies, unsurprisingly, chose to focus on the better parts and perhaps, more meaningful bits. For instance, the GDP reached 99.08 trillion yuan, very close to the psychologically important 100 trillion yuan