China GDP 10.7%
- GDP rises 10.7% y/y versus 10.9 consensus
- CPI up 1.9% y/y vs 1.5% consensus
- Industrial production up 18.5% y/y versus 20% consensus
- Retail sales up 17.5% y/y versus 16.4% expected
The CPI rise will keep speculation high that China will continue tightening steps in the months ahead.

AUTOREFRESH 













China Revises Q1 2009 GDP To +6.2% from +6.1% and Q3 2009 GDP To +9.1% from +8.9%
A thought that came to my mind. China is a HUUUUGE country. I have been to countries growing at 10% pa. but they were small and yes you can really see how dinamic the economy is. For a country the size of China with vast rural territories to grow 10% on average it must mean that urban areas must be growing at crazy rates of 50, 60 or some crazy % a year. And that I really cant imagine. Really would like to be there to believe it.