Tuesday, August 28, 2012

From Hard Landing To Train Crash, All Chinese Indicators Have Slammed On The Brakes

Another data point on China going in for the hard landing.

From Zero Hedge:

As Robin might say "Riddle me this Batman": how can an country, supposedly growing its economy at over 7%, with factory output up over 9%, manage all of this superlative production while rail traffic is shrinking at almost 5.4% annually?

http://www.zerohedge.com/news/hard-landing-train-crash-all-chinese-indicators-have-slammed-brakes

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