sustaining the country’s economic growth, said the World Bank. In its latest quarterly China report, the World Bank said the country’s GDP will grow by around 7.5% in 2009, down from a projected 9.4% in 2008. It also forecasts that China’s export growth is likely to plunged to 3.5% in real terms compared to 11%…
CHINA: World Bank says stimulus policies vital for growth and rebalancing
Posted on November 26, 2008 by EnergyAsia