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Chinese Q1 GDP grows 8.1% Y/Y vs. expectations for 8.5% and 8.9% growth in 2011 Q4. Industrial...

Chinese Q1 GDP grows 8.1% Y/Y vs. expectations for 8.5% and 8.9% growth in 2011 Q4. Industrial production +11.9% Y/Y vs. estimates of 11.4%. Retail sales +15.2% vs. 15.1%.
Comments (10)
  • Poor Texan
    , contributor
    Comments (3530) | Send Message
     
    Isn't 8.1% Y/Y about four times our rate?
    12 Apr 2012, 11:03 PM Reply Like
  • baseballman24
    , contributor
    Comments (301) | Send Message
     
    Poor GDP print forking azz holes! Corrupt USA media front for Hedge funds and banisters 3x short ETF's, No Up Tic, Dark Pools, HFT,
    How can you even justify calling * GDP bad! Are you kidding, time to take back our country.
    12 Apr 2012, 11:07 PM Reply Like
  • WisPokerGuy
    , contributor
    Comments (849) | Send Message
     
    Fact --- 7.1% would have been "bad". 8.1% indicates that all the "gloomers" fearing a Chinese crash landing of their economy are going to have to reconfigure their non-stop doomsday scenario speak. Add in the fact that the Chinese government is predicting an 8% GDP figure in 2012 and that they habitually under shoot their true GDP estimate and stocks are still a buy here.

     

    NO HARD LANDING. No matter how much the bears want people to believe it will happen.

     

    Long CAT, DE, FCX, MCD and SBUX. And I would advise you to be too.
    12 Apr 2012, 11:38 PM Reply Like
  • schatzl
    , contributor
    Comments (391) | Send Message
     
    "Long CAT, DE, FCX, MCD and SBUX. And I would advise you to be too"

     

    No thanks, I'll pass.
    13 Apr 2012, 05:05 AM Reply Like
  • berniespear
    , contributor
    Comments (234) | Send Message
     
    Hmmm, we could go either way tomorrow morn.
    12 Apr 2012, 11:53 PM Reply Like
  • cn_habs
    , contributor
    Comments (233) | Send Message
     
    Dow it is IMHO.
    13 Apr 2012, 03:04 AM Reply Like
  • Pinocchio1
    , contributor
    Comments (206) | Send Message
     
    Industrials grow by 11.9%, the consumer spending 15.2%.... the overall "just" 8.1%".
    So... What gives?
    The Chinese are shrinking their financial services !!!
    Putting their banks in their right place. Eradicating the parasites.

     

    In the US, when we "accelerate" from 2% growth to 3% it means we have a gazillion new hedge funds and a few (very few) new Romney-Billioners. But not a single additional tomato.
    The Chinese occupied their own wall st without any demonstrations.

     

    Our economists/analysts are soooo smart, so much smarter than the Chinese, aren't they.
    13 Apr 2012, 04:00 AM Reply Like
  • cn_habs
    , contributor
    Comments (233) | Send Message
     
    Since the banks are state-owned, the top brass at CCP has the absolute power to tell any other major financial institution to f.. off or else he'll end up in a tiny cell without any possibility of parole....guilty or not. Things simply get done without any BS.

     

    A well-connected top ranking official, Bo Xilai was recently removed of his post and party membership while his wife has been accused of the death of a British national.

     

    Make no mistake, both political systems are rigged in different ways. Instead of crony capitalism, you got wide-spread corruption everywhere.
    13 Apr 2012, 04:35 AM Reply Like
  • Rummeljordan
    , contributor
    Comments (477) | Send Message
     
    How is 8.1% slowing down from anything, no matter what it was last year. 8.1% shouldn't even be sustainable.
    13 Apr 2012, 07:27 AM Reply Like
  • phdinsuntanning
    , contributor
    Comments (1233) | Send Message
     
    they publish nominal numbers, correct it for inflation and still is a fake. Around 4% or less is my reasonable estimate: they are expanding money at 14% and the GDP was 8.1%, so no way that their growth will cool below 8% in 2012 as planned, so the real 2011 economic growth was a lot lower than they say it was. I think 4% and it may grow to 5%, but inflation will make them to coo again and at the end will be 4% or less. India stats even more crappy IP contraction afer they published 6.8% for last year what a shame, at least the BRICS did some inflation control. In the west inflation is hidden behind "core inflation". Mo wonder gold is in the moon.
    13 Apr 2012, 08:21 AM Reply Like
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