HUGE Load of China Economic Data – Pointing Up (However…)
http://newswalls.blogspot.com/2012/12/huge-load-of-china-economic-data.html
There has been a swath of information that came from China official reports this weekend. From the looks of it, China’s economy may have bottomed out in September. However, this cuts both ways. As the economy shows signs of strengthening, the inflation rate is also ticking higher. That is a problem as the main focus of China’s leaders has been to tame the inflation monster. Therefore, further monetary easing may be on hold…
Yet, along with the good news, came some bad. In particular, the export growth came in FAR below expectations and that contradicts much of the recent manufacturing gains that we have seen.
Read more: http://newswalls.blogspot.com/2012/12/huge-load-of-china-economic-data.html
