Credit Suisse has a good take on where Chinese growth is headed today:
More positive on China’s 2016 to 2018 steel consumption
We have raised our nearer-term China steel production forecasts given an improved outlook for infrastructure spend. We are not China steel bulls, but we are moderating our bearish stance. The background to this change in view was a visit to China in mid-March by Trina Chen, our China Basic Materials analyst, to take the pulse of industry. Trina found infrastructure execution was accelerating. Most steel producers, local construction companies, banks, and local governments have seen more projects moving on the back of central government push and bank credit allocation. Trina reported her findings in China Basic Material Sector: Feedback from China trip—First improvement in a long time (14 March 2015).
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