China’s GDP Growth Beats Forecasts as Stimulus Supports Spending - Bloomberg Business

China’s GDP Growth Beats Forecasts as Stimulus Supports Spending - Bloomberg Business



 tax revenue -- difficult to fake -- is up 5.2 percent year on year in the eight months to August and the gap with nominal GDP growth is narrowing."



A record stretch of deflation at the factory level in China is also helping depress prices for manufactured goods globally.