China Leading Index Unchanged In September
(For September 2010)
China Leading Index came unchanged from August; on year level the index is down 3.1%.
Chart 1. China Leading Index vs. China GDP Quarterly Growth
Chart 2. China Leading Index y-o-y Growth vs. China GDP Quarterly Growth
Q3 GDP growth looks rich versus leading index; Q4 GDP growth could edge lower…
China Leading Index is jointly developed by Chinese National Bureau of Statistic and Goldman Sachs. Components are: Industrial Production Index, Fixed Asset Investment, Retail Sales Values, Import & Export, Government Revenue, Industrial Profits, Disposable Income in Urban Area, Loans from Financial Institutions, M2, Consumer Price Inflation Index.