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  • China's Quarterly Growth Slows to 6.7% on Year, Meeting Estimates

    From bloomberg.com

    China’s economy stabilized last quarter as the property sector rebounded, markets steadied, and loose monetary policy helped spur an improvement in factory conditions. Gross domestic product rose 6.7 percent in the first quarter from a year earlier, the statistics authority announced Friday, meeting the median projection of economists Bloomberg surveyed and in line with the government growth target of 6.5 percent to 7 percent for the full year. Industrial output, fixed-asset investment and retail sales all picked up in March. Signs of stabilization in the world’s second-biggest economy and bets on a subdued pace ... (full story)

  •  Guest
  • | IP XX.XX.239.243
With such a bad first 2 months, GDP never jumps around radically like the US. Does everyone notices that? So if China's economy was ever in trouble, we will not know until months later. I do not trust the data. That's my 2 cents.
LOL, you answered your own question when you said "jumps around radically like the US"

THEIR THE ONES THAT YOU SHOULDN'T TRUST BECAUSE IT'S GDP, IT SHOULDN'T "RADICALLY" JUMP AROUND LMFAO AT YOU NEWBS.

Your country is the most corrupt country on earth by a long shot. Just look at your next president.
LOL, considering ALL the leading nations are in bed together, there's plenty of corruption to go around. Canada's no different.
Ghost Rider - WWTBMD?
  •  Guest
  • | IP XX.XX.239.243
The rest of the world is having a hard time achieving GDP above 1%. The first 2 months was bad for China and they manage 6.7%. I wonder what will happen to the rest of the world when China's GDP is at 6.5%. Global reccession?
Growth as well as slowdown in the economy is not linear due to many factors. It can be as simple as the weather.
Something to think about.
  •  Guest
  • | IP XX.XXX.22.183
all Chinese numbers are deadly accurate, calculated according to CAAP (Chinese accepted accounting principles), and then audited by the government before release to the media.
Quoting Guest
all Chinese numbers are deadly accurate, calculated according to CAAP (Chinese accepted accounting principles), and then audited by the government before release to the media.
lol
Chinese data is as accurate as Feds "slack in employment"
In trading, you have to be defensive and aggressive at the same time
LMFAO!!!

Yeah, 4.9% unemployment, every single jobs office has line ups out the door everyday....

It's more like 25% unemployment in the USA...it's a depression there
Quoting Stockman
LMFAO!!!

Yeah, 4.9% unemployment, every single jobs office has line ups out the door everyday....

It's more like 25% unemployment in the USA...it's a depression there
+1

Facts are more horrific than fiction.
When the going gets tough , the tough get going
Quoting Stockman
LMFAO!!!

Yeah, 4.9% unemployment, every single jobs office has line ups out the door everyday....

It's more like 25% unemployment in the USA...it's a depression there
when the dominos fall mate and the truth is hidden some people might get hanged in the street - like bankers
ONE MUST LEARN, DO IT AND IT WILL BE KIND TO YOU
Quoting albchr
LOL, considering ALL the leading nations are in bed together, there's plenty of corruption to go around. Canada's no different.
well said
ONE MUST LEARN, DO IT AND IT WILL BE KIND TO YOU
Looks like copper is getting beaten down as usual....not surprised considering there are warehouses filled to the ceilings with the garbage...

Copper does seem like the only beaten down commodity left to buy the bottom in
Mortgage holders should prepare for an inevitable interest rate rise in the next six months, Australia's main finance broker organisation has warned.

Big banks are set to raise rates before the end of the year regardless of whether the Reserve Bank of Australia lifts the official cash rate, Finance Brokers Association of Australia spokesman Peter White told AAP

People with loans and those looking at investing need to be prepared, he said.
ONE MUST LEARN, DO IT AND IT WILL BE KIND TO YOU
  •  Guest
  • | IP XXX.X.1.103
Copper is an indicator for economic health. Market reaction is seeing China's good news for what it really is which is not good. Either structural changing is coming or China will reach an unsustainable mountain of debt. Both will be painful for its economy.
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  •  Guest
  • | IP XX.XXX.191.46
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