Because no-one believes the Chinese data. Its PR that is all due to their obsession with maintaining growth at a certain level in order to stave off panic on the streets. If you look at other more reliable data it all points to China growing at 2% to 5% p.a. and possibly even being stagnant according to some.
http://www.economist.com/blogs/economist-explains/2016/01/economist-explains-11
Because no-one believes the Chinese data. Its PR that is all due...
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Last
$42.68 |
Change
-0.470(1.09%) |
Mkt cap ! $216.4B | |||
| Open | High | Low | Value | Volume |
| $42.71 | $43.20 | $42.68 | $463.8M | 10.82M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13572 | $42.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $42.70 | 457 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| BHP (ASX) Chart |