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China production and retail rise
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by Babel-Fish | November 11, 2009 at 01:39 pm
27 views | 12 Recommendations | 4 comments
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Well here is the good news for China of who seemingly where very surprized..
The latest economic data from China suggests that industrial production grew year on year at a level faster than expected.
Retail sales also rose by more than analysts had predicted, while consumer prices continued to fall.
China's National Bureau of Statistics says the country's latest economic data shows it is well on track to meet its target of 8% growth this year.
The government's huge economic stimulus package is likely to have helped a lot.
Stimulas worked, hmmmmn may be?
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Most RecentMost Recommended Comments (4)
at 13:42 on November 11th, 2009
Yup.. and as a supply side economy they only rise due to uncreased global demand, which is why they are also ramping up capital investment to meet the increased demand they are foreseeing.
at 15:25 on November 11th, 2009
could not agree more
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ugg boots sale (not verified)at 23:00 on November 11th, 2009
The government's huge economic stimulus package is likely to have helped a lot.
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ugg sale (not verified)at 23:02 on November 11th, 2009
also rose by more than analysts had predicted, while consumer prices continued to fall