Tuesday, January 13, 2009

Concern about China's economic growth


Concern about China's economic growth
13-01-2009

Analysts polled by Reuters news agency say they believe China's economy grew by just seven per cent in the last quarter of last year. If borne out by official data, this would be the worst figure in a decade. The Chinese authorities believe a minimum growth rate of eight per cent is needed to avoid severe unemployment and social disruption. China's manufacturing sector has been badly hit by recession in its main export markets.

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