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TMFDeej (99.31)

China’s Economy Grows 8.9%, Fastest Pace in a Year

Recs

8

October 22, 2009 – Comments (0)

Not surprisingly, China's economy posted rapid growth last quarter.  To me, the question is whether this stimulus and liquidity-fueled growth spurt is sustainable given the likely tepid demand for Chinese exports from the U.S. in the near future.  China will likely have to spur domestic consumption in order to maintain this momentum.

China’s Economy Grows 8.9%, Fastest Pace in a Year

Deej

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