China 4th-Quarter GDP Up 9.5 Pct, Exceeds Forecasts
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China's economy accelerated to 9.5 percent growth in the year through the fourth quarter, exceeding forecasts and raising the risk of another interest rate increase to avoid overheating.
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Gross domestic product in Japan rose at a higher-than-expected annual rate of 4.8 percent in the fourth quarter, but economists called it a one-time surge.
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India's economy grew at a faster-than-expected annual rate of 9.3% in the second quarter,  official figures say.
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China's industrial output for August rose 15.9 percent year-on-year after a 15.5 percent gain in July, with demand for coal, steel and natural gas driving growth, official data showed.
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China's economic boom is still roaring despite efforts to cool sizzling growth, with the gross domestic product climbing 9.5 percent in the first three quarters of this year, the government reported Friday.
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Chinese President Hu Jintao said Sunday economic growth could exceed nine percent this year and foreign direct investment could top &#36;60 billion.
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China's supercharged economy grew by a stunning 11.5 percent in the third quarter, slowing slightly but staying on track to overtake Germany as the world's third-largest within weeks, according to data reported Thursday.
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The economy grew at a 2.9 percent annual rate in the spring &#151; better than first estimated but nowhere near the brisk pace logged in the winter, another sign of slowing business growth. Inflation marched higher.
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China&#39;s central bank raised official borrowing costs for the first time in nine years Thursday night, a step aimed at slowing breakneck economic growth and inflation
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Chinese President Hu Jintao said Sunday  economic growth could exceed nine percent this year and foreign  direct investment could top $60 billion.
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BEIJING -- China's sizzling economy grew faster in the second quarter despite official efforts to apply the brakes, expanding by 11.9 percent over a year earlier, the government reported Thursday. It said it would take new steps to cool the boom.
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China&#39;s economy expanded at a roaring 11.9 percent in the second quarter, official data showed Thursday, prompting warnings that the government will clamp down hard to stop serious overheating.
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China&#39;s real gross domestic product (GDP) is projected to average around 9 percent in 2004 andto slow to about 7.5 percent in 2005, the International Monetary Fund (IMF) said Wednesday.
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China's economic growth reaches its highest level in 13 years, with growth of 11.4% in 2007.
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China raised interest rates on Friday  in the latest of a series of tightening steps aimed at keeping  inflation in check and preventing the world&#39;s fourth-largest  economy from overheating.
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China has raised its core interest rates for the first time in nine years, as the country&#39;s central bank moves to rein in the booming economy.
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China, having surprised the world 10 days ago with its first interest rate rise in nine years, took another unusual step last week by publishing for the first time the annual report on its economy by the International Monetary Fund.