China, which roiled global markets early today after signaling another move to tighten bank lending, will be center stage again tonight with a slew of economic data.
The question is whether the numbers will be so strong that the government will feel compelled to take additional steps to brake the economy and deflate potential asset bubbles.
With the sustainability of the global economic recovery still in doubt, a marked slowdown in China would be unwelcome in much of the world — and particularly to suppliers of raw materials and other commodities.
via Markets brace for reports on China’s economy | Money & Company | Los Angeles Times.
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