The latest data from the Chinese officials - is that GDP grew by 6.9% in the 12 months to September - on materials AMarkets.
Interestingly, the GDP figures, which publishes China, 4 months in a row, is higher than market expectations. The average value of analysts' expectations - is 6.8%. However, many players do not hurry to rejoice in the success of China and skeptical, believing that the real GDP figures at least half. Some experts prefer alternative indicators to measure real GDP growth. For example, the index Li Keqiang (on behalf of the Chinese premier), according to which China's GDP growth does not exceed 3%. The index takes into account the dynamics of electricity production, loading w / d roads and bank lending.
Following the dynamics of the index, the experts conclude that the economy of Beijing has not yet been "landed" (in the framework of "hard landing") - t. E. The bottom is still to come.
Dynamics of China's official GDP and the dynamics of the index Li Keqiang:
PS No wonder the Fed is afraid to raise the bid ..