These are unprecedented surplus volumes, reflecting the structural changes of China becoming the factory of the world.

I don't think the world can tolerate such a massive surplus.

I do not believe that 0.9 percent is sustainable, especially given the price liberalization in areas such as gasoline and utilities.

The month-on-month numbers are just totally useless unless the seasonal factor has been applied.

The biggest beneficiary of all this is the United States. Look, a Barbie doll costs $20 but China only gets about 35 cents of that.

This highlights a re-accelerating economy led by consumption and investment.