The Chinese economy grew slightly faster than expected in Q1. Economists expected 6% growth and got 6.1%. This seems to be more positive news pointing toward a bottom for the economy.
Here's a link to an article on MarketWatch about the Q1 results. It reports economists as positive but cautious after the report. Interesting stuff. Will Q2 be the beginning of faster growth? We don't see it yet from our partners in China.
http://www.marketwatch.com/news/story/chinas-economy-downshifts-61-growth/story.aspx?guid={2D6F69D9-07E9-490B-B3C5-69C9C45FC5C0}&dist=msr_4
Thursday, April 16, 2009
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