China's GDP disappoints, but stocks surge anyway as officials pledge to support markets

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China's GDP disappoints, but stocks surge anyway as officials pledge to support markets
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Weaker-than-expected GDP data and a sharp Thursday selloff couldn't dent Chinese stocks on Friday.

 

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Australia stocks fall after China reported weaker than expected trade dataAustralia stocks fall after China reported weaker than expected trade dataChina reported November trade data over the weekend that came significantly below expectations. Exports rose only 5.4 percent from a year ago versus a forecast of 10 percent jump. Import growth was the slowest since October 2016 at 3 percent. I was looking over the fallout in the AUS housing markets ... I'm blaming trump...screw that guy. It is never too soon to move your supply chain out of China.
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