China's economy grew 6.1% in the first quarter, a rate most nations would kill for but amounts to "a recession in China,"

6.1% Growth "Is a Recession in China" But "More Optimistic Tone Justified"

(Source TechTicker)
China's economy grew 6.1% in the first quarter, a rate most nations would kill for but amounts to "a recession in China," says Nariman Behravesh, chief economist at IHS Global Insights.
China needs at least 8% growth or more to absorb surplus labor and materials, he explains.
But Nariman is upbeat about China's growth going forward, noting the government's massive stimulus is starting to kick in. A revival of China could serve as a "mini-growth locomotive for emerging markets" generally and especially for commodity producers, he says.