china gdp vs commodity price index

China GDP vs Commodity Price Index:

- The consensus forecast for 2012 growth in the benchmark Reuters poll was 8.4 percent.
- Now expects growth of 7.6 percent in Q2 and 8 percent for the year versus 8.6 percent previously.

so if you put 7.6 for Q2 on the chart below, it will look like this ?

2008Q2-2009Q2: 10.1 -> 9 -> 6.8 -> 6.2 -> 7.9
2011Q4-2012Q4: 8.9 -> 8.1 -> 7.6 -> ~8 -> ~8.5 (average 8-8.2%)

Look like it is bad time ahead untill Q3/Q4