Monday, October 17, 2011

China slows from 10.4% to 9,5%

. China economy expected to slow down.
. But don't get me wrong, slowing from 10.4% to 9.5%
. No doubt is a slow down by 10%
. It is still a lot if growth by Western yardsticks these days.
. But traveling at 200mph & slowing to 180mph.
. Although still fast, it will be noticeable deceleration .
. And hopefully it does not set off a domino effect of
. Asset bubble popping
. However, as 5th wave goes, there must be an extended feel & look.
. Do we have that for China ?


http://www.bloomberg.com/news/2011-10-18/china-economy-grows-at-slowest-pace-in-2-years.html

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