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China 2009 growth seen at 10 pct - govt economist.
(From AFX Europe (Focus))
BEIJING (XFN-ASIA) - China's economy is expected to grow by 10 pct in 2009 despite the impact of the financial crisis and the global downturn, the official Xinhua news agency reported, citing Zhang Liqun, a researcher at the State Council's Development Research Center.
Despite weak overseas demand, domestic consumption and investment will result in China's economy growing at a fast pace next year, the report said.
Zhang said his estimates take into account the government's gradually maturing regime of macro-economic controls. He projects accelerating growth in the second half of ...
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