Rubber Duck
23rd August 2007, 05:31 AM
China's economic growth may face uncertainties in the coming months. Whatever those uncertainties are, analysts agree the economy will continue its rapid growth.
China's gross domestic product (GDP) increased 11.5 percent in the first six months of the year, with investment, inflation and lending maintaining strong growth.
Economic growth in the second half of 2006 was lower than the first half, and therefore year-on-year growth in this year's second half should be stronger, said Liang Hong, chief economist of Goldman Sachs (Asia) in Hong Kong.
The country's GDP growth may reach 12.6 percent for the second half, while the whole-year figure could be 12.3 percent, Liang said......
http://www.chinadaily.com.cn/bizchina/2007-08/23/content_6037611.htm
China's gross domestic product (GDP) increased 11.5 percent in the first six months of the year, with investment, inflation and lending maintaining strong growth.
Economic growth in the second half of 2006 was lower than the first half, and therefore year-on-year growth in this year's second half should be stronger, said Liang Hong, chief economist of Goldman Sachs (Asia) in Hong Kong.
The country's GDP growth may reach 12.6 percent for the second half, while the whole-year figure could be 12.3 percent, Liang said......
http://www.chinadaily.com.cn/bizchina/2007-08/23/content_6037611.htm