China's GDP satisfies market expectations

FXstreet.com (Bali) - China's GDP(QoQ) figures for the forth quarter came at 7.7% vs 7.6% expected and 7.8% last, with the quarter by quarter reading at 1.8% vs 2.0% expected and 2.2% last. The rest of indicators came mixed.

While the economic model in the country is going through a transition that will likely slow down growth figures in coming years - natural process - the latest chunk of data for 2013 seem to suggest that the re-adjustment in growth will continue to be moderate, which should be a positive sign for risk.