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Michael... I don't suppose the Chinese play with their numbers any more than we do, but I recall that you have been saying that there is pressure on to ramp up the engine again. This sounds like the numbers they needed to do just that.
Sep 10 20:23 pm
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All Comments by Urbane Gorilla! »China: CPI Surprisingly Low, Trade Surplus High [View article]
Interesting as well that the commodity flop has been largely attributed to the slowdown in China's consumption and 'et voila' imports are down.
I wonder if the drop in food prices are a reflection of the extra consumption during the Olympics?
Always interesting to read you comments. Kind of a reporter 'embedded' in the front lines.
jegan