{"id":75579,"date":"2009-12-11T02:49:00","date_gmt":"2009-12-11T07:49:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/the-chinese-economy-soared-in-november-2009-12"},"modified":"2009-12-11T02:49:00","modified_gmt":"2009-12-11T07:49:00","slug":"chinese-industrial-production-tears-higher","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/75579","title":{"rendered":"Chinese Industrial Production Tears Higher"},"content":{"rendered":"<p><img decoding=\"async\" class=\"float_right\" src=\"http:\/\/static.businessinsider.com\/~~\/f?id=4b00b9df00000000004b0efa\" border=\"0\" alt=\"China Solar\" \/><\/p>\n<p><div style=\"float: left; padding: 15px 15px 15px 0;\">\n<script type=\"text\/javascript\">\/\/ <![CDATA[\ntweetmeme_source = 'moneygame'; tweetmeme_service = 'bit.ly';\n\/\/ ]]><\/script><br \/>\n<script src=\"http:\/\/tweetmeme.com\/i\/scripts\/button.js\" type=\"text\/javascript\"><\/script>\n<\/div>\n<p>Here are some shocking growth statistics from China&#8217;s latest statistical release.<\/p>\n<p>In November&#8230;<\/p>\n<p><strong>1)<\/strong> Industrial production spiked 19.2% year over year.<\/p>\n<p><strong>2)<\/strong> Urban fixed asset investment soared 32.1% year over year.<\/p>\n<p><strong>3)<\/strong> Planned investment in new construction exploded upwards by 76.6% year over year.<\/p>\n<p><strong>4)<\/strong> Retails sales grew 15.8% year over year.<\/p>\n<p>Bubble or not, there&#8217;s still a huge growth engine for the world economy right now. Too many in the U.S. forget this when assessing the state of the world right now. There&#8217;s a simple math to economic growth in developing nations &#8212; simply transfer the innovations and more efficient technlogy from developed nations and apply it locally. That&#8217;s instant economic growth, and there&#8217;s still massive room for this simple tech transfer to happen through trade. Thus even without new innovations\/productivity enhancements, there&#8217;s still a very long way for the world&#8217;s economy to grow. Want to make money from a developed nation? Facilitate this tech\/knowledege transfer process, or create more of it.<\/p>\n<ul>\n<\/ul>\n<p><a href=\"http:\/\/www.stats.gov.cn\/english\/newsandcomingevents\/t20091211_402606768.htm\">See the full Chinese release here.<\/a><\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/the-chinese-economy-soared-in-november-2009-12#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/financial-post-population-control-would-prevent-climate-change-2009-12\">Financial Post: The Whole World Needs China&#8217;s One-Child Per Family Policy<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/apples-sold-100000-iphones-in-china-2009-12\">China Unicom Only Sold 100,000 iPhones In 40 Days (AAPL)<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/china-slams-us-and-russian-steel-with-anti-dumping-tariffs-2009-12\">The US-China Trade War Is Here<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/Ivl3FMyjPTA\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Here are some shocking growth statistics from China&#8217;s latest statistical release. In November&#8230; 1) Industrial production spiked 19.2% year over year. 2) Urban fixed asset investment soared 32.1% year over year. 3) Planned investment in new construction exploded upwards by 76.6% year over year. 4) Retails sales grew 15.8% year over year. Bubble or not, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-75579","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/75579","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=75579"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/75579\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=75579"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=75579"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=75579"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}