Chinese value-added industrial output +8.9% Y/Y in August vs. +9.2% in July and consensus of 9%....

Chinese value-added industrial output +8.9% Y/Y in August vs. +9.2% in July and consensus of 9%. The August figure represents the slowest growth since May 2009, and was probably due to falling domestic demand and the continued destocking of inventories in the steel sector and other areas, says UBS economist Wang Tao.

Comments (3)
  • Whitehawk
    , contributor
    Comments (3121) | Send Message
    "slowest growth" is the operative term. China is still growing.
    9 Sep 2012, 06:50 PM Reply Like
  • The_American
    , contributor
    Comments (147) | Send Message
    Great Article. About time some economic sense. Despite the QE 123 Twist you need not to look far. I worked at MS had my Series 31 to trade commodities futures contracts currencies etc.
    You can look at a chart of the USD UDN UUP UUPT and a 2nd grader can read it and the higher our debt is growing so is the price of PSLV GLD SLV SGOL IAU AGQ DBS CEF and I'm a bullish trader on NUGT GDXJ GDX AUY GPL HL SZYM DDD which are all in my stock recs and NANO
    We are witnessing before our eyes "The Law of Diminshing Returns" with constant downward revsions of companies that trade on the DIA QQQ SPY as many corporations doing business in China are giving up their most precious commodity which is their intellectual property and will and has already taking away market share. LNVGY.PK is now NO.3 as the worlds largest PC maker. China has their own version of AAPL they have their owns version of GOOG which is BIDU and FB is not there.
    Some of the most respected economist talk about this.
    THIS HAS BEEN THE GREATEST TRANSFER OF WEALTH IN HISTORY as American Companies have given up their most precious commodity which is their Intellectual Property.
    It is estimated by 2040 China GDP will be approx 120 TRILLION USD and will make up 40% of the Worlds GDP and the U.S. will only make up 14% of the worlds GDP
    If you look at the overall picture and study history Thomas Jefferson said "Banks can do more Harm than Standing Armies"
    Today when you invest in any individual stock you truly have to worry just as much about the jockey as you do the horse.
    Our deficits being over 16 TRILLION not including unfunded liabilities and now starting to see municipalities go bankrupt it's very dangerous that just several of our largest banks BAC USB WFC JPM and maybe a few others hold approx 77% of ALL U.S. Assets.
    Someone who is 35 looking to invest as preservation of wealth PSLV PALL PTM PPLT SLV GLD UGLD USLV PHYS should certainly be part of the portfolio. Great article
    Unfortunately we have a dysfunctional government that leads to political gridlock of party politics and forget we are ALL American FIRST.
    We have not done anything or created anything in over 1/2 a Century. If we do not open our eyes China is waiting and they are patient and study us and our history of Military and political views and FXI The YINN and YANG with have the CNY take over the USD as The World Reserve Currency.
    Look at where UNG was just a few years ago UGAZ DIG DUG USO UCO was almost 1/2 the price. in the last 13 years the S&P has gone nowhere. Just look at where MSFT INTC AMD ORCL are trading. China actual uses ORCL for their Internet but ORCL is not getting paid.
    Go to The Mot Fool and shows top 10 companies with largest market cap at their peak and never recovered GE IBM CSCO MSFT etc IBM even lost their market cap and was not recovered. The rest are Herendous.
    Let's not forget China is the 2nd largest economy in the WORLD with a growth rate America would only wish.
    If we do not do something and heaven forbid some outside the box thinking like A NATIONAL SMART GRID or we will have our OWN GREEK TRAGEDY!
    10 Sep 2012, 05:58 AM Reply Like
  • Jason Tillberg
    , contributor
    Comments (1348) | Send Message
    China built 1.1 million cars in 2001, 9 million in 2008 and then 18 million in 2010.. they are stuck in the 18 million - 20 million range for auto production. Finished growing and can cruise from here.


    20 million cars added to roads is still a double digit overall growth rate in total cars on the road.


    Their gas demand is expected to clime 12% this year and probably the same next year while gasoline demand in the U.S. goes down 2-4% per year.
    10 Sep 2012, 09:25 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs