Err, OK. I don't actually know what any reader doesn't know about the data.

So, ignore the headline. Very presumptuous of me.

Here's the WSJ with 5 Things to Know About China's First Quarter GDP Growth (ungated if you want to read the whole thing)

In brief:

  1. Growth Is Slowest in Seven Years
  2. Slowdown Is Unsurprising, Amid Signs Of Turnaround ... Beijing is breaking out its old arsenal to revive the economy: massive lending and infrastructure spending, among others.
  3. Lending Is Up - Way Up ... all manner of lending expanded in the first quarter
  4. China's Industrial Engine Chugs Again - government stimulus, including restarting major construction projects, are delivering short-term gains
  5. A Quandary Looms ... conflicting policy goals