China GDP Q2 Report Preview and Analysis

China reports GDP numbers for Q2 tonight at 10PM EST. We will be covering the data and providing analysis after the GDP numbers come out.  Although, we do not usually cover macro numbers so closely this is a big report (and far more important than every word a Fed President states). The bad news is that nearly everyone expects really poor numbers. The good news is that because expectations are so low anything positive will be a welcome relief. Furthermore, for the bears if the numbers are good one can always still go back to the claim that the numbers…