Monday, April 16, 2012

China's Growth Slows to 8.1%

Although the China GDP of 8.1% came out on Friday which was likely one of the causes for the pullback since it showed a slowdown in the China economy.  I wanted to post this piece in the WSJ that goes into that number and the China economy in a little more detail.

Below is a great chart showing the decline in China GDP since 2010.  People a few years ago talked about the decoupling of world economies.  In essence the thought was the emerging markets could sustain their growth patterns even if the US or European economies went into the tank.  That simply is and was not the case.  The global economy is so interlinked now that if the US sneezes China could likely catch a cold or vice versa.

Click here for the full WSJ article

[CECON]

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