Monday, March 14, 2011

China's Engine: January 2011

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 decline.

China’s leading economic indicator suggests that economic activity slowed in January showing a month-to-month decline of 0.06% bringing the latest level 0.93% below the level seen in January 2010.