China GDP Grew Strongly in Q4 at 6.8%
China’s economy grew at a very significant 6.8 percent in Q4 2016. This data that was released on Tuesday this past week was just shy of the 6.9 percent that economists had projected.
Overall China’s economy grew at 6.9 percent. China’s government had targeted approximately 7 percent. Does this sound like the doomsday scenario that is being so amazingly reported by the so many? We do not think so. We continue to expect significant volatility as long as the fear that we are currently seeing persists. We think all should keep focused, keep invested but always reserve a health cash position, possibly average down when possible and trade when swings to the positive get ahead of themselves.
Look forward to hearing from all again soon about this and our current coverage universe at Vista Partners website www.vistapglobal.com.