|
|
Article: BUSINESS IN ASIA TODAY - JULY 17, 2009.
- Article from:
- AsiaPulse News
- Article date:
- July 17, 2009
CopyrightCOPYRIGHT 2009 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Business in Asia on July 17, 2009. A sum]mary prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, market intelligence and business opportunities:
CHINA'S ECONOMY REBOUNDS TO 7.9% IN Q2, RECOVERY IN SIGHT
BEIJING - The Chinese economy expanded 7.9 per cent year-on-year in the second quarter, as massive pump-priming and record lending pushed for a rebound from the worst growth figures in a decade, official data showed Thursday. GDP grew 7.1 per cent from the same period a year ago to 13.99 trillion yuan (US$2.06 trillion) in the first half, after the world's third largest economy tumbled to 6.1 per cent in ...