China Says Economy Grew 11.5%
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The pace of Chinaâs economic development is still strong enough to keep pushing up prices around the world.
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China's economic growth may ease slightly this year to 10.5 percent from the estimated 11.5 percent rate of expansion in 2007, a researcher at a state think-tank said on Friday, as the government cooling steps take effect.
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The central bank says China's economy should grow by 10.5 percent this year, state media reported Sunday, even stronger than the 10 percent predicted last week by the National Bureau of Statistics.
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BEIJING  - China&#39;s leaders have wrapped up a key economic meeting pledging to strive for stable economic growth next year with an emphasis on quality and efficiency rather than simply a high growth rate.
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The Chinese Academy of Social Sciences said China&#39;s gross domestic product will grow 9.4 percent this year and slow to just above 8 percent next year, according to published reports Monday.
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China released figures suggesting the economy is not decelerating as much as feared, easing concerns the government might have stepped too hard on the brakes.
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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'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's economy, the world's second largest, is not as big as was thought, a report by the World Bank claims.
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The U.S. economy grew at a revised  5.6 percent annual rate in the first quarter as the fastest  pace of growth in 2-1/2 years generated robust corporate  profits, the Commerce Department said on Thursday.
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China&#39;s key inflation indicator remained at 5.3 percent in August, the government reported Monday, in the latest release of data suggesting economic planners might take further action to slow the booming economy.
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Chinaâs 11.9 percent annual rate of growth in the second quarter raised fears that the economy is overheating.
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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's economy is set to grow at a faster-than-expected rate of 10.4% this year, the Asian Development Bank says.
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China's trade surplus jumped 19.5% in January as the economy continued its rapid growth.
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China's first plan to confront climate change cites growth as its top priority.
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China&#39;s economy grew by 9.5 percent year-on-year in the first nine months of this year, Spokesman Zheng Jingping for the National Bureau of Statistics announced in Beijing Friday.