Data on Wednesday showed that China’s real gross domestic product rose 7 percent in the first quarter from a year earlier, the weakest pace since the last quarter of 2009.
The slowdown extended right into the end of the quarter. Industrial production rose 5.6 percent in March from a year earlier, the smallest increase since November 2008.
My previous post notwithstanding, the latest data adds to concerns that China's stock market is getting overextended.
Just as well then that it has just become easier for investors to bet against Chinese stocks.
Futures on the small-cap CSI 500 Index started trading on Thursday. This comes five years after China introduced futures on the large-cap CSI 300 Index.
Chinese stocks rebounded on Thursday. The Shanghai Composite Index jumped 2.7 percent to a seven-year high after having fallen 1.2 percent on Wednesday.
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