China has delayed the release of economic indicators scheduled for publication this week, according to an updated calendar on the statistics bureau’s website. The highly unusual delay comes amid the weeklong congress of the ruling Communist Party.
, a twice-a-decade event that is an especially sensitive time in China.
“The delayed economic data release is not because of bad economic recovery but the ongoing congress, as authorities want media and the public to concentrate on the key messages delivered by the big event,” said Bruce Pang, chief economist at Jones Lang Lasalle in Hong Kong. September releases for a host of other figures that are typically issued along with the GDP data, including industrial production, retail sales and the urban jobless rate, have also been delayed, according to the NBS website.
The delays followed the unexplained delay in the release of September’s trade data by the General Administration of Customs, which had been due out on Friday.
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