3 Reasons Why China’s GDP Numbers Aren’t Good Enough
Think an annualized quarterly GDP of 8.9% is great? Maybe not for China! And don’t think that it’s because of high expectations. Yesterday we saw China’s GDP for Q4 2011 come in at an annualized rate of 8.9%. The number is lower than the 9.1% figure we saw in the third quarter, but is still above the 8.7% growth that market geeks were expecting. Given the situation of the global economy, with countries struggling with the sovereign debt crisis and possibilities of double dip recessions, you’d
