China’s Economy Hums Along
As the U.S. struggles to recover its footing due to the economic crisis, China is expecting yet another stellar year as it reports that the country's economy is on track to reach its target of 8 percent GDP growth this year.As the U.S. struggles to recover its footing due to the economic crisis, China is expecting yet another stellar year as it reports that the country’s economy is on track to reach its target of 8 percent GDP growth this year. — JCL
Your support matters…The BBC:
China has said it is on track to hit its growth target of 8% this year, after the economy grew 8.9% from a year ago in the third quarter.
The figure is up from the 7.9% rate seen in the previous quarter and is the country’s fastest GDP growth since the third quarter of last year.
Separate reports show that industrial production and retail sales also accelerated in September.
Independent journalism is under threat and overshadowed by heavily funded mainstream media.
You can help level the playing field. Become a member.
Your tax-deductible contribution keeps us digging beneath the headlines to give you thought-provoking, investigative reporting and analysis that unearths what's really happening- without compromise.
Give today to support our courageous, independent journalists.
You need to be a supporter to comment.
There are currently no responses to this article.
Be the first to respond.