RealNews

China’s economy expected to grow 10.8 percent in 2007: central bank

Growth in China’s economy is expected to expand at a rapid rate in 2007, with inflation ticking higher to 3.2 percent, state media reported Friday, citing the central bank. The nation’s gross domestic product (GDP) should expand 10.8 percent this year, slightly higher than the 10.7 percent in 2006, the fourth consecutive year of double-digit growth, according to the bank’s research report published in the China Securities Journal. Full Story

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