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]
