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Breakingviews: China's "good news" hides economic pain

Tuesday, April 10, 2012 - 04:07

April 10 - China's high inflation and trade surplus are misleading as prices fall and imports slow, says Reuters Breakingviews.

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Agenda setting inside so I would optometry Albright is breaking views today's picks it slowing growth pains to China us prices foreign exports lose paste. -- Euro zone's big oil -- with -- is that Robert -- -- a rubber bullet it's almost I would China. The trade data this morning I mean first loans in the very positive yeah. There's much to do with soft imports of soreness. -- hopefully outrage and I think he's very is the united to get tired of -- Mean yet we would want to see you -- Chinese exports. On a good foot thing. Caylee if the subject you and it shows that so suggests that via. China's economy is gonna back obviously began and it has been the driver well growth a very -- extent of the last ten is a site so if John is -- will -- again. It's very easy thing that's on his back on the road -- on the road to recovery. Couple out with some news about inflation. Which was -- days in some ways a good sign because it seven. Size a a stronger domestic economy we -- think I would like to talk and when he makes the point is not quite enough to -- -- and that's what my. So well but not luster as well up with us and go to the -- is a rabbit that export -- him look good because it pulls all flat. So and actually that's precisely opposite of what they did this little superficial -- -- -- If imports about a single week you the Chinese economy. And and as a producer prices numbers as well on the inflation numbers loosen the and the US economy. Saw the Chinese economy is is is not in in the kind of thoughtful. That -- -- -- to -- -- Quite cautioned that but yet -- and so -- and that's sort of real value at a -- here is that yet they're not great news is still not bad enough. Two merit some sort of round of stimulus there's a good point in the rebalancing that this painful process. It is convenient right I was sting but new rules kind of approach. And to view that he'd been out it's. This -- certain oil -- to seduce increase from. -- and I guess that that that that the headline here. -- prices hit GDP. In Greece. Three times online had GDP in Germany periphery suffers. For obvious reasons and the amount imports. I don't -- this point which I guess is a little less obvious. Whole country's. -- countries were blood violence from the tourism tourism depends on flights in and out of the country's done to him cause -- things. Which means that most sensitive. To the -- prize. I mean you know we we have -- inferred from some months -- fuel prices going up -- home and not to be a good thing fool consumers. Across Europe this is pegged on some -- -- now some new analysis wrong. Which is saying that you know those -- -- you'll tourist deal -- countries are so more amorphous tourist economies. Compared to to a three times. As exposed as a country like. Oblige them for example listen to because there. Industries -- in the wrong place into the uncomfortable the cost and otherwise. I'm so yes and a reminder about how. Much dying. Oil oil is. Iran calls into the peripheral economies and the united that -- personal Texas the whole of the Euro zone trusted and drag eSATA drive yourself out of fear of it but that. -- worth mentioning is off very quickly franks has has expressed a willingness to attack strategic reserves along with the US Germany is at night yeah yeah. All right Robert many thanks so that you can that. Find out -- stories on the -- decide dot com website you confront him on the breaking news website as well up for more. Agenda assessing incite more -- US breaking news show every day at its twelfth at least in 1730. GMT. -- -- --

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Breakingviews: China's "good news" hides economic pain

Tuesday, April 10, 2012 - 04:07