China boosters bring temporary relief in Jan-Sep'24. More measures needed for full recovery

China’s Steel and Economic Data(Jan 24-Sep’24)

The recent slew of booster shots gave a positive twist to the Chinese tale in September, 2024 but which failed to sustain into October. Crude steel output and infra investments continued to decline while manufacturing, riding auto sales, looked a tad better. Overall, 9MCY’24 seemed a mixed bag.


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