China economy up. Swelling exports and strong investment kept China’s economy in a powerful growth pattern in the first half of the year, exceeding many analysts’ expectations to expand by 9.5 per cent.
The persistence of strong fixed asset investment, which the authorities had been attempting to slow for more than a year, was the largest surprise in figures released on Wednesday by the National Bureau of Statistics
Richard McGregor and Andrew Yeh: China’s economy grows 9.5%
Posted by Xiao Qiang | Jul 20, 2005
Categories : Economy