China just reported 'ugly' industrial output and retail sales growth

[enhanced_deficit]

China just reported 'ugly' industrial output and retail sales growth that missed expectations

• China on Friday reported industrial output and retail sales growth for the month of November that missed expectations, according to data from the National Bureau of Statistics.
• The world's second-largest economy has begun to show signs of slowing down amid a bitter trade dispute with the U.S.

Huileng Tan

Published 2 Hours Ago Updated 1 Hour Ago

[r3volution 3.0]

The world is heading into recession/depression.

The central banks will reverse course and (re)start printing sometime next year.

...and then a currency crisis.

[Zippyjuan]

Production "only" growing at 5.4% (vs 3% in the US) and sales growth at 8.1%.

[Swordsmyth]

Production "only" growing at 5.4% (vs 3% in the US) and sales growth at 8.1%.

If you trust the ChiComs' numbers, if you do I have some ocean front property in Arizona you would like.

Even if you do believe their numbers they can't handle a slowdown in growth because their entire economy is the world's biggest ponzi scheme.

[Krugminator2]

Production "only" growing at 5.4% (vs 3% in the US) and sales growth at 8.1%.

All of those numbers are just made up. China is a mess. China is also a cautionary tale for the US. Their stock market is down almost 40% over the last 10 years. It turns out an economy built on debt and government spending might not be a good thing. Japan's stock market is still well below 1989 levels.

[oyarde]

One thing we know from the last 30 yr.'s , the US can crawl along with dismal 1 or 2 percent growth and do just fine . What we do not know is how much growth china really has to have not to collapse but my guess is greater than our two percent .