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Beijing withholds economic figures

It is a surprising move, but one that has deep implications: China postponed the publication of important data on economic development. The National Bureau of Statistics of China announced this on its website on Monday. The highly anticipated economic figures include, among other things, the estimate of gross domestic product (GDP) in the third quarter, as well as information on industrial production, retail sales or even the unemployment rate. The figures should actually have been published today, Tuesday, at 10 AM local time. Previously, China’s customs authorities already postponed the publication of export and import figures.

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