China
China
China GDP Number out Late Today
Submitted by Tyler Durden on 01/21/2009 14:53 -0500At 9PM Eastern, the Chinese will announce their Q4 annualized GDP YoY change number. The consensus is 6.8% according to Bloomberg. This is a drop from 9% as of the prior reading. As Paul Kedrosky observes, the likelihood for a (much) lower number should not be excluded... 0% China GDP growth was presented as one of the major fat tail events of 2009 which in the current market environment means it is an almost virtual certainty.
