China revises 2007 growth rate to 13% - MarketWatch
The Chinese economy expanded a revised 13% in 2007 from a year earlier, up from an original estimate of 11.9%, the National Bureau of Statistics said in a statement on its Web site.
The higher growth data contributed 777.6 billion yuan ($113.8 billion) to the size of China's economy at the end of 2007, lifting the overall value of goods and services produced to 25.731 trillion yuan ($3.766 trillion).
According to calculations by Merrill Lynch, Germany's GDP was $3.54 trillion in 2007, using end-of-year exchange rates.
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Wednesday, January 14, 2009
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