From the Xinhuanet: “A World Bank expert said the year 2004 is going to be a good year for China as the country’s economy will grow rapidly with higher-than-expected increase in fiscal revenues and farmers’ income.
Bert Hofman, chief and lead economist and Chief of the Economics Unit of the World Bank’s Beijing Office, said he expects some 9.2 percent to 9.3 percent growth for China, which is by and large a good thing.”
