So much for the claim currency manipulation has nothing to do with China's economy, it grew by an astounding 11.9% in Q1 2010 and exports jumped 29%. Bloomberg has more details.

Consumer prices rose 2.4 percent in March from a year earlier, today’s data showed, compared with 2.7 percent in February. Economists’ median estimate was 2.6 percent.

Industrial production climbed 18.1 percent in March, less than a 20.7 percent gain in the first two months, and retail sales increased 18 percent, today’s data showed. Car sales leapt 76 percent in the first quarter from a year earlier, with Mercedes-Benz (China) Ltd. reporting a doubling.

Urban fixed-asset investment increased 26.4 percent in the first quarter from a year earlier, the statistics bureau said today. Producer prices rose 5.9 percent in March, after climbing 5.4 percent in February.

Believe this or not, China is claiming the largest growth since 2006 is all stimulus. Right, an economy that is slated to be the world's most powerful in less than 5 years....is all stimulus.

Bloomberg also reports China had a 11.7% property price increase in the last year.