Announcement

Sunday, April 25, 2010

Macroeconomic indicators - Chinese GDP in Q1 grows by 12pct

It is reported that China economy expanded 11.9%YoY in the Q1 indicating a solid recovery of the world third largest economy, but also fanning concerns of asset bubbles.

The National Bureau of Statistics said the gross domestic product in the first three months totalled CNY 8.07 trillion.

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