Monday, July 16, 2007

China's Economy Probably Expanded at Near Fastest Pace in Three Quarters

(Bloomberg) -- China's economy probably expanded at
near the fastest pace in three quarters, fueled by booming
exports that exacerbated tensions with the U.S. and Europe.

Gross domestic product grew 11 percent in the second
quarter from a year earlier following an 11.1 percent gain in
the three months to March 31, according to the median forecast
of 23 economists surveyed by Bloomberg News. The government will
release the figure on July 19 in Beijing.


Read more at Bloomberg Currencies News

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