With China’s Q4 GDP up 7.9%, which was ahead of consensus expectations of 7.8%, I thought it would be a good time to look at China’s likely growth path yet one more time. The Bonddad Blog had an excellent post entitled “Will China Save Us — Again?” The blog post reviews the (pre-Q4 GDP) data showing a rebound in the growth of China’s economy and closes with an indication that growth is re-balancing toward the consumer.
Is re-balancing good news?
There is no question that an over-reliance on … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards