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Article: Meltdown 101: China's heft and the global slump
- Article from:
- AP Online
- Article date:
- April 16, 2009
- Author:
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China's latest economic data just came in, and the signs are encouraging.
While the economy grew at its slowest pace in more than a decade in the first quarter, other indicators suggest a possible bottoming out of the slowdown that brought the country's dazzling economic boom to a screeching halt late last year.
Will good news for the world's third-largest economy help improve the prospects for a global recovery?
Here are some questions and answers about China's place in the world economy.
Q: How is China's economy doing?
A: China's economy grew by 6.1 percent in the first three months of the year, helped by a revival in stalled industrial activity and stronger ...