world growth

world growth

Wednesday, June 11, 2008

China's economy to grow about 10 percent in 2008: report

China's economy to grow about 10 percent in 2008: report

http://afp.google.com/article/ALeqM5ggoldJYQjGZYU9tf4-N_NUPDqCbw


SHANGHAI (AFP) — China's economy is likely to grow about 10 percent in 2008 despite the global slowdown, and the government expects to rein in inflation, state media reported Tuesday, citing a senior economist.
Growth will be slower than last year's 11.9 percent, but China's fundamentals remain strong, the National Bureau of Statistics' chief economist Yao Jingyuan was quoted as saying by the official China Securities Journal.


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