|Chinese Economy Continues to Roar|
|Topic||Productivity and Growth|
Exports, Investment Spending, and Economic Growth
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Reference ID: A137769848
In 2004, analysts and economists routinely predicted that the Chinese economy would slow down to about 8.5 percent growth in 2005. They were wrong. As 2005 rolls along, these analysts have been forced to adjust their forecasts upward. The latest figures indicate that the Chinese economy, the fastest-growing major economy in the world, shows no sign of slowing.
|Source||David Barboza, “China’s Economy Surges 9.4% in 3rd Quarter”, The New York Times Online, October 21, 2005.|
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