01-19-2016, 01:00 PM
Ok, missing expectations by a fraction, but China is hardly crashing to earth. Retail sales, investment and industrial output are all still growing at what can only be described as a healthy pace.
On a quarter-on-quarter basis, economic growth eased to 1.6 percent in the fourth-quarter, versus expectations of 1.7 percent and down from 1.8 percent in the third quarter. Industrial output rose 5.9 percent in December from a year earlier, missing forecasts of 6.0 percent, and slowing from November's 6.2 percent. Retail sales climbed 11.1 percent in December from a year earlier, but less than an 11.3 percent rise expected by the market and November's 11.2 percent. Fixed-asset investment growth, a crucial driver of the economy, grew 10.0 percent in 2015 from the previous year, also missing market expectations.
China fourth-quarter growth slows to 6.8 percent, weakest since 2009 - Yahoo Finance