Thursday, October 22, 2009

China : 3Q 2009 GDP

In a sign that Chin's economy has shook off the impact of the Lehman Panic, her real GDP expanded by a strong 8.9% in 3Q 2009. Growth was driven by strong domestic consumption and investment growth. With total trade plunging 16.5% year-on-year in 3Q 2009, China shows that she can grow at a fast pace without the support of external demand.


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