This chart displays the yoy change in quarterly GDP compared to the prior year's quarter. Heilongjiang, Hebei and Shanxi saw GDP contract more than 5% yoy.
I first covered the situation in the Northeast in October 2014 here: Liaoning Sounds Warning on Chinese Economy. More recently, when the above numbers were first reported in the press: China Northeast in Recession, Unadjusted Nominal GDP Declines; Global Economy on Knife's Edge. The latter link contains a lot more links to various posts I've done in recent months and years, covering the slowdown in the northeast.
Data from NBS.
Aussie mortgage rates continue to climb
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Despite the Reserve Bank of Australia (RBA) hiking official interest rates
by less than most other advanced nations, Australian mortgage rates
continue t...
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