China's economy expands 10.2%
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BEIJING -- China's booming economy grew even faster last year than originally thought, the government said yesterday, as authorities made public another measure meant to rein in the growth they fear could create problems.
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China&#39;s imports and exports in thefirst ten months this year amounted to 926.47 billion US dollars, rising 35.8 percent year-on-year, according to statistics releasedby the
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China increases its interest rates for the first time since 1995, a move widely seen as a further attempt to prevent its economy from over-heating.
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China will continue to drive East Asia&#39;s growth next year, but the world&#39;s fastest-growing region may have reached its peak in expansion, according to the World Bank.
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The Asian Development Bank on Wednesday raised its forecast for China's economic growth this year to 10.4 percent, citing surging investment and exports, and warned of possible dangers to long-term stability.
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China's central bank on Thursday raised  interest rates for the first time in nearly a decade in its  boldest move yet to guide its heated economy to a path of  slower growth.
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FRANKFURT (Der Spiegel) - China's economy is continuing to expand at a blistering rate - with 11.5 percent growth in the third quarter of 2007. It is now poised to overtake Germany as the world's third largest economy within weeks and will soon also take Germany's crown as the world's biggest exporter. China's economy is continuing to surge ahead in double-digit growth figures and is due to overtake Germany as the third largest in the world within the next few weeks.  The country announced 11.5 percent growth for the third quarter of 2007, down on the 11.9 percent of the second quarter thanks to government efforts to cool the boom.
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Chinese inflation hits its second 10-year high in two months, led again by a sharp rise in meat prices.
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The economy expanded by 2.9 percent during the first quarter of 2007 on a 12-month comparison, official data showed on Friday.
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Chinaâs sizzling economy grew 11.5 percent in the third quarter, surging ahead despite official efforts to cool the countryâs boom.
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Chinese industrial production speeds up in May in spite of government measures to control the fast-growing economy.
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Rising oil prices are expected to hit China's growth rate this year.
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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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China has revised upward its gross domestic product (GDP) growth to 9.69 per cent during the first half of this year due to higher growth in service industries, the state media reported on Monday.
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Chileâs economy expanded at the fastest pace in two years in the second quarter, bolstering expectations that the central bank will continue to raise interest rates to prevent accelerating growth and consumer demand from stoking inflation. The economy expanded 6.1 percent from a year earlier, the central bank reported on its Web site, the biggest expansion since 6.3 percent growth in the first quarter of 2005.
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China's economy will grow by 9.3 percent this year, the government forecast Thursday, amid signs that efforts to tame the economic boom may be failing to cap inflation.
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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.