The Chinese economy has expanded by 11.4% over the past year, reaching its fastest growth rate in 13 years, officials have announced.
Increased exports and a boom in the construction industry helped the rapid expansion during 2007.
But officials warned that overheating remained a danger, despite a slight slow-down in the fourth quarter.
Inflation is also a serious concern, with many Chinese people hit by recent dramatic increases in food prices.
http://news.bbc.co.uk/2/hi/asia-pacific/7206174.stm
Sunday, January 27, 2008
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment