China's 3rd Quarter GDP 8.9% -- But is it Sustainable?

[guest]

For those who believe China is an unstoppable economic machine, more evidence out today with third quarter growth clocking in at an impressive 8.9%, up from 7.9% in the second quarter. That’s seen as evidence that Beijing’s massive $586 billion fiscal stimulus and soaring loan growth—$1.27 trillion ...


More...

 

[rkbehera1]

The global economic scenario is improving everyday.Although we should not expect a complete economic rainbow on a clouded sky.But some colors are clearly visible.The recent Q3 GDP data of China has showed that.The jump from 7.9 to 8.9 is remarkable.I think it is sustainable if the US unemployed rate stay below 10%.The GDP growth of China and US are interrelated with each other.