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.
Unprecedented
-
FEEDThere has never been a time in the history of the markets that TLT fell
eight days in a row, but it did as of Monday.
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