I suspect we've seen the cyclical low. But we're not going back to the boom years growth rates of 10% pluse, let alone the 18% achieved between 02 and 08.
[Click to embiggen]
Wednesday, May 13, 2015
China Industrial Production--the cycle low?
Chinese IP grew at a 5.9% rate year-on-year in April, up a little from the surprisingly low 5.6% yoy in March.
I suspect we've seen the cyclical low. But we're not going back to the boom years growth rates of 10% pluse, let alone the 18% achieved between 02 and 08.
[Click to embiggen]
I suspect we've seen the cyclical low. But we're not going back to the boom years growth rates of 10% pluse, let alone the 18% achieved between 02 and 08.
[Click to embiggen]
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