China GDP Growth Jumps to 11.9 Percent – Tamora Vidaillet and Eadie Chen

From Reuters via The Washington Post:

China’s annual economic growth surged to an 11- year high of 11.9 percent in the second quarter, cementing expectations for tighter policy to keep the world’s fastest-growing major economy from overheating.

The figures put China on course to chalk up its straight fifth year of double-digit growth and to overtake Germany as the world’s third-biggest economy — perhaps as soon as this year….[Full Text]

July 19, 2007 6:45 AM
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Categories: Economy