China's Growth Slows in First Quarter

China's GDP grew at 6.1% for the first quarter this year. This is an impressive number for most countries but below the 8% growth rate the government has promised for this year. The slowdown has been due to the global market and less exports going out of China. The CCP has heavily invested in domestic economic measures to make up for the global recession and it appears that this has been successful. Economists project that China's GDP will continue to grow this year and should be able to make the 8% growth rate goal due to domestic improvements. China's success is a good sign for the world economy and is amazing considering the lack of growth around the world.


http://news.bbc.co.uk/2/hi/business/8001315.stm