News
|
Analysts Concerned with China’s Fast Growing Economy |
||||||||||||||||
|
Category: Business | ||||||||||||||||
| 08/02/2010 | ||||||||||||||||
 Analysts have expressed concern with china fast growing economy.The analysts are now questioning whether China’s economy is really over heating owing to huge growth in various sectors. In December 2009 electricity production in china rose by 27 percent year on year while Gross Domestic Product (GDP) rose by 10.7 percent above the 8-10 percent range which economists agree is trend growth. The Stanchart news letter reveals that growth in the fourth quarter of 2009 was moderately slower than the previous two quarters suggesting that the economy recovered sharply and has now settled down to normal growth. |
||||||||||||||||
| [0] comments on this story | ||||||||||||||||
|
||||||||||||||||
|
||||||||||||||||
(0) Comments