China growth 3% in 2022, lowest since 1970s, while population falls for first time in 6 decades
Banca March | The weakness of China’s growth in the latter part of last year was confirmed yesterday. China’s GDP stagnated in Q4 2022, registering zero growth compared to the previous quarter, bringing cumulative growth in 2022 to +3% year-on-year, the second lowest annual growth since 1970. Despite this, it is worth noting that the 4Q growth figure was higher than expected (a contraction of more than 1% quarter-on-quarter was…