China Faces ‘Close Call’ on Rate Rise After Growth Surges 11.9% - Bloomberg.com

Only 11.9 % in March.


Pull your hat down boys, this bronc's a wild one.

* * * * * J B K * * * * *

China's growth spurt in the first quarter came with a slowdown in inflation, complicating decisions on when and how to further tighten monetary policy.

The economy grew 11.9 percent from a year earlier, the biggest gain since the second quarter of 2007, the statistics bureau said in Beijing yesterday. Consumer prices rose less than economists expected, climbing 2.4 percent in March from a year earlier.

http://www.bloomberg.com/apps/news?pid=20601010&sid=aY_uBTG4zNi0