Amidst all the noise surrounding Europe and Occupy Wall Street, it’s important to keep an eye on China’s economy. Third quarter GDP growth of 9.1 percent clearly moderated and was below consensus expectations. But like other weaker than expected data points, this by itself cannot confirm or deny a hard landing in China. It’s merely another warning sign. China’s economic report also showed indications that increasing domestic demand could at least partially offset declining exports.
China, Our Last Engine, Loses Altitude: The Ticker
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