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 after having shown some growth into early 2010, is now back on the decline (note... this is a highly revised series that has been swinging between expansion to contraction with each monthly release).China’s leading economic indicator suggests that economic activity declined in April showing a month-to-month decline of 0.33% bringing the latest level just 0.84% below the level seen in April 2010.
