Chinese "index premiere" in the danger zone - 22 September 2015 - free no deposit forex bonus
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Main » 2015 » September » 22 » Chinese "index premiere" in the danger zone
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Chinese "index premiere" in the danger zone
 
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Current Premier of China Li Keqiang traditionally performs his duty, among others, market monitoring - based on AMarkets.

 

AMarkets

 

Some time ago, Li Keqiang admitted that for measuring economic activity, he often does not look at the dynamics of GDP, but uses a special index or metric - a combination of several components: the production of electricity, the dynamics of freight / Railway stock, increase in lending. And now, all the key components point to a significant slowdown and develop in China's GDP growth at about 2-4% instead of 7%, which officially declare officials.

Here is the metric Premier Li (via Bloomberg and economist Tom Orlik): 

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