Saturday, December 3, 2011

China Economic Growth to Continue

Came across something useful to readers:

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But after a recent visit to China, I remain staunchly optimistic that it will continue to be the world’s greatest machine for economic expansion. While developed countries bump along with little growth, China’s gross domestic product is expected to increase by 9.2 percent in 2011 and an equally astonishing 8.5 percent next year.
The country pulses with energy and success, a caldron of economic ambition larded with understandable self-confidence.

source:  http://www.nytimes.com/2011/12/03/opinion/will-china-stumble-dont-bet-on-it.html?_r=2

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The Goombarh has come back from a quick trip to the Orient, last week also and I have similar feelings about China.