During the fourth quarter of 2019, Chinese GDP kept constant its year-over-year growth rate with respect to the previous quarter, at 6%. Regarding inflation, CPI registered a year-over-year growth rate of 4.27%, after increasing when compared to the previous quarter. In the labor market, the unemployment rate slightly increased, up to 3.62% rate. Finally, the Chinese Renminbi experienced an appreciation of 0.05 RMB/$ against the dollar during the fourth quarter of 2019, reaching a rate of 7.01 RMB/$.
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