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China's GDP up 7.9% in Q2 of 2009

Beijing : China | 3 months ago  
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China's gross domestic product (GDP ) grew 7.9 percent year-on-year in the second quarter, while the economy grew 7.1 percent in the first half of 2009, the National Bureau of Statistics (NBS) announced Thursday.

Source: http://business.globaltimes.cn/editor-picks/2009-07/447589.html

News Stories
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  • News Source: The Economic Times | 3 months ago
    The Chinese economy grew at a pace of 7.9 per cent in the second quarter of 2009, primarily bolstered by the government's stimulus package. The encouraging growth figure from China comes at a time when majority of the advanced economies are expected...
  • News Source: Khaleej Times | 3 months ago
    The world’s third-largest economy expanded by 7.9 percent in the April-June period from a year earlier, up from 6.1 percent growth in gross domestic product the previous quarter, the National Bureau of Statistics reported Thursday. “The data...
  • News Source: Androscoggin News | 3 months ago
    But it has also ramped up pressure on the Chinese government to resolve the detention of an Australian Rio Tinto executive, analysts said. China's economy expanded by 7.9 percent over the second quarter of 2009, its government said today,...
  • News Source: Financial Times | 3 months ago
    July 16 – China’s economy gathered momentum in the second quarter thanks to massive fiscal and monetary stimulus, leaving the government’s full-year growth target of 8 per cent within reach. Annual gross domestic product growth accelerated in...
Blogs
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  • Blog Source: ck5354.blogspot.com
    Investment in fixed assets in urban areas grew 33.6 percent in the first half, up from 32.9 percent in the first five months, while industrial production growth quickened to 10.7 percent in the year to June from 8.9 percent in the 12 ... As a result,
  • Blog Source: www.businessworld.in
    Singapore already leapt out of recession in the second quarter and the poll forecasts the island economy will rebound 4.4 percent next year while Taiwan's GDP will increase 4 percent. ... China will continue to see the fastest growth in Asia,
  • Blog Source: www.fx360.com
    In 2007, quarterly GDP growth hit a high of 13 percent but the global financial crisis pushed growth down quarter after quarter. In Q1, the Chinese economy grew by only 6.1 percent and in Q2 growth is expected to rise to 7.8 percent. .... It will be
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Posted By aquamarina217 aquamarina217 | 3 months ago
It'd be really helpful if someone could elaborate on the implications and what exactly the growth of 7.9% GDP and the growth of 7.1% of the economy mean in layman terms?
Reported by Globaltimes

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  • alansmurray

    @alansmurray Does stimulus work? In China, it certainly does. Democracy is so darn inconvenient. (subs only) http://bit.ly/5h7jW

    3 months ago

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