China growth slows to record low

Discussion in 'Economics' started by ASusilovic, Apr 16, 2009.

  1. China’s economy slowed in the first quarter to its weakest pace on record, but an improvement in data for March offers tentative signs that the worst may be over for the world’s third-largest economy, reports Reuters. Annual GDP growth fell to 6.1%, down from 6.8% in the preceding quarter and slightly below economists’ forecasts of a 6.3% rise - marking the weakest growth since quarterly records began in 1992.

    ...worst is over...bla, bla, bla...
  2. Looks like some poor son of a bitch forgot to fudge the numbers by a few ticks so they beat expectations. Him and his entire family will probably be sent off to the gulag in north west rural China :cool:
  3. They use different math in China.

    Their +6.1% equals our -2.2%.