China's GDP growth rate slowed to 8.1 percent in Q1 from 8.9 percent in Q4.
Economists poled by Bloomberg were looking for 8.4 percent.
However, the markets seem to be holding up.
The Shanghai Composite is up 0.1%.
Hong Kong's Hang Seng is up 1.3%.
Bloomberg Brief economist Michael McDonough argues that the "[r]isk of Chinese hard landing still extremely minimal."
Don't forget, the Chinese government is officially targeting 7.5 percent GDP growth this year.
Some economists think that's too conservative. Bank of America's Ting Lu sees China's GDP growing 8.6 percent this year. Morgan Stanley's Helen Qiao recently boosted her China GDP growth forecast to 9.0 percent from 8.4 percent.
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Source: http://feedproxy.google.com/~r/TheMoneyGame/~3/cH0srr-Ehqo/china-gdp-81-2012-4
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