China's GDP Growth Accelerates on Stimulus - WSJ.com: "BEIJING -- China's government has turned around its economy far faster than most thought possible, as officials said Thursday that growth accelerated to 7.9% in the second quarter.
Even if the surge moderates in coming quarters, many analysts say China will very nearly meet its target of an 8% expansion for all of 2009. In the first quarter, gross domestic product grew 6.1% from a year earlier."
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Wednesday, July 15, 2009
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