China Growth rate - Why so much noise ?

China has just announced its quarter 3 GDP Growth rate data . Friends it is 9.1% which is one of the best and highest among all Countries of this mega size and that too at this difficult time . Still lot of noise is moving around about China that it has started degrowing . Just to inform you all last quarter the Growth rate was 9.5% and one point more is that 9.1% growth rate is the lowest growth rate in any quarter in the last two years . I do not think such a growth rate is so concerning at this point when all over the world is crying about poor growth and possible recession. China is a different Country . Its policy and rules are also unique . Its FX policy is unique . Its disclousere norms are very conservative. China has been successfully kept its Exchange rate regulated inspide of so much objection from all over the World . USA has gone to pass a legislation recently to penalise all Countries who artificially regulare their Currency with certain vested interest . China had increased its interest rate just like any other Country during the last one year which could be one of the  reason . Although it has protected its Exporter it has reason to have lesser Export due to conern in USA & Europe . As per my view China is still a promising Country with great plan and stretegy and no big noise should come saying it is cooling down . When all over the World has certain concern China can not be an exceoption .

Thanks

P K Panda