In fourth quarter, China's GDP grew by 8,9%, against 9,1% in the July-September period. The figure is the least positive since the second quarter of 2009, but it still exceeds the expectations of analysts, whose estimates did not go beyond +8,7%.
In 'whole 2011, the country has achieved growth 9,2% (a total of 5.880,3 billion euros), well below the +10,4% of the previous year. In any case, the Chinese locomotive once again demonstrates its ability to travel at high speed, despite the difficulties caused by the international economic situation and the credit restrictions imposed by Beijing to combat inflation.
As far as the 'next year, “considering the context, it will not be easy to maintain growth of 9,2% – said Ma Jiantang, the spokesman of the National Statistics Office (SNB) -. 2012 will be a complex and challenging year. We have to be ready."
Data on the la also arrived from Beijing this morning December industrial production, up 12,8% year on year (from 12,4% in November). Estimates spoke of a +12,2%. Same speech for retail sales, again from December: + 18,1 % (from +17,3% in November), +17,2% against expectations.
