re: China economy misses targets, losing momentum

Exports declined last month in total, were down double digit to the US, manufacturing drop off (which means weak exports for May) and retail is not picking up the slack.

The good thing about the tariff increase this time, they were not given a lead time where they loaded in for six months, so you will see the impact in the next month or two.

They pumped 865 billion in credit in Feb which was 12% more than THE TOTAL OF LAST YEAR and the impact lasted a month. They simply are getting very little bang for the buck on every dollar injected now. Its no wonder. They continue to throw money at state run companies, who make concrete and steel and build roads and ports in foreign countries, then give them loans to pay the money back which they arent doing.

If they continue down the stimulus path, it wont be a matter of them "outlasting" us, the financial markets of the world will decide their fate for them.