WITH GROWTH AND INDUSTRIAL PRODUCTION SLOWING... IS CHINA'S BUBBLE ABOUT TO BURST?

BBC:

China's economic growth slowed further in the three months to March this year, expanding 7% compared to a year earlier, its slowest pace since the global financial crisis in 2009. The rate was lower than the 7.3% posted for the three months to December. Last year, China's economy, which is the world's second largest, grew at its slowest pace since 1990. It expanded by 7.4% in 2014, missing its annual growth target of 7.5% for the first time in 15 years.... 

..."Still, it represents a slowdown from the previous read of 7.3%," Nicholas Teo from CMC Markets told the BBC, "and is one of the weakest numbers reported in quite a few years." In the first three months of 2009, amid the financial crisis, China's economy expanded 6.6% from a year earlier. China also released industrial production (IP) figures on Wednesday which fell to 5.9% month-on-month in March, down from forecasts for an expansion of 6.9% and the lowest since 2008. 

Analysts said these figures were more glaring than the growth data. Mr Teo described the latest IP numbers as "unfavourable".

CHINA MAY VERY WELL BE HEADING TO A SLUMP AT LEAST AS BAD AS THE ONE AFTER THE GLOBAL CRASH - AND THAT COULD LEAD TO THE CHINESE BUBBLE BURSTING...