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  • These Two Charts Show Why Everyone Is Watching Chinese Data

    From businessinsider.com

    We just saw that the Chinese economy expanded 7.7% on the year in the fourth quarter of 2013. GDP was up 1.8% quarter-over-quarter. GDP growth was up 7.7% in 2013, the lowest level since 1999. Economists have for sometime warned about a slowdown in China. And this is of course terrible news for Australia. Dylan Grice has previously described Australia as "a credit bubble built on a commodity market built on an even bigger Chinese credit bubble, Australia looks like leveraged leverage, a CDO squared." Grice was pointing out that Australia relies on China to consume its exports in a massive way. But it isn't just ... (full story)

Read a few articles about China's *GDP report released, but NONE of them tell the the current GDP amount..

Stupid Western media



*It's about 9.4 Trillion now.
Huh? The GDP amount is not nearly as important as the rate of growth of the GDP.
I'm not trying to convince anyone. I'm not in the "convincing" business.
It's important.
Quoting Les Lau
Read a few articles about China's *GDP report released, but NONE of them tell the the current GDP amount..

Stupid Western media



*It's about 9.4 Trillion now.
It's 8.2 trillion, but forecasted to 9.2
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  • Posted: Jan 19, 2014 11:12pm
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 4  /  Views: 3,559
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