China factory output accelerates

[Rubber Duck]

Chinese industrial production sped up in May, surprising analysts who predict further interest rate rises and other measures aimed at cooling the economy.

Factory output surged 18.1%, up from 17.4% in April, China's National Bureau of Statistics said....

http://news.bbc.co.uk/2/hi/business/6751287.stm

[touchring]

This is a precursor to more dumping of cheap chinese goods in the US and Europe. One of the strategies of Chinese companies is to flood the market with their cheap goods, sometimes, even at below cost.