China economic recovery intact, but weak exports drag

Comments (2)
dexterbland wrote:

“Nonetheless it does not change our view that growth is on track for a strong recovery in Q4, as (growth) is mostly domestically driven.”

Then why is import growth also very weak? Very strange contradictions in Chinese data (nothing new in that). It is starting to look like Sep-Oct may have been the outliers, boosted by pre-Christmas export orders and the leadership transition.

Dec 09, 2012 10:42pm EST  --  Report as abuse
breezinthru wrote:

If China’s exports lag, then their recovery is not intact. Plain and simple. Hence the steady erosion in growth over the past year or so.

They depend on exports for jobs. If jobs falter, then their efforts to create a robust domestic demand to replace what has been lost in demand from the US and Eurozone falters, as well.

Dec 10, 2012 7:35am EST  --  Report as abuse
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