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Source: Jacqueline Holland, FARM PROGRESS, 10/20/21
When China’s GDP readings were reported Sunday night by its National Bureau of Statistics, markets were surprised – and not in a good way. The third quarter 2021 GDP growth estimate of 4.9% was certainly nothing to yawn at, but it was noticeably smaller than second quarter growth rates of 7.9% due in large part to ongoing supply chain issues induced by the pandemic.
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