For reasons discussed many times on this blog, the news is hardly surprising. Moreover, with exports down and imports up, China's GDP is going to "surprise" economists on the downside as well.
For the real story on Chinese growth and why it will not be as strong as most analysts expect, here is some additional reading.
Mike "Mish" Shedlock
Read more at http://globaleconomicanalysis.blogspot.com/2013/10/chinas-exports-surprisingly-drop.html#YbQmeV2cIiH7He0Y.99
Today, at 11:20 AM PT: Get the Market Movements in Advance; Williams Edge Webinar for September 3rd, 2014 | John Ransom
Today, at 11:20 AM PT: Get the Market Movements in Advance; Williams Edge Webinar for September 1st, 2014 | John Ransom