Monday, January 18, 2016

A HOST OF UNWELCOME DATA FROM CHINA

GDP 6.8% , 2015 full year GDP 6.9%, the lest since 1990.

Industrial Production in December 2015 grew 5.9% vs 2014. November 2015 was 6.2%.

Retail Sales grew 11.1% vs 11.3% estimate.

Fixed investment grew 10% in 2015, the slowest pace since 2000.

The chart (source: Bloomberg) below is cause for concern:



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