2015-08-21

GDP Growth By Province Through 2015 Q2; 5 Provinces in Recession

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.

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