Thursday, January 13, 2011

China's Engine: November 2010

Looking at the latest release of the OECD economic indicators for China, it appears that the massive jump in economic activity seen since the panicky period of late 2008 took a notable pause throughout most of 2010 and now appears back on the rise.

China’s leading economic indicator has now increased for three consecutive months with the latest November period showing a notable month-to-month increase of 0.15% bringing the latest level just 1.09% below the level seen in November 2009.