China's economic growth
China's economic growth for the past three months was reported at 11.5% which is slightly lower than the previous three and something the government has been aiming for with its recent actions to cool growth in the economy. These numbers are pretty amazing compared to the growth rate in the U.S. and should be commended for its consistency. China will soon pass Germany as the third largest economy in the world and will continue its climb as quite possibly being the new super power on the planet. Hopefully this added econmic diversity across the world will help to stymie the possibility of another Great Depression ever happening because one country's economy goes under.
0 Comments:
Post a Comment
<< Home