In spite of the global recession, China's economy grew 8.7 percent in 2009. Massive investment-led stimulus was key, but real estate investment gained prominence more recently and household consumption growth has held up very well. The domestic growth momentum continued in the first months of 2010. Exports declined in 2009 as a whole, even as China gained global market share. With imports strong, external trade was a major drag on growth in 2009 and...
See More
Document also available in :
Chinese
DETAILS
-
2010/03/01
-
Newsletter
-
54505
-
1
-
1
-
2010/07/01
-
Disclosed
-
China quarterly update, March 2010
-
Local Government Finance
DOWNLOADS
COMPLETE REPORT
Official version of document (may contain signatures, etc)
-
Total Downloads** : 1165
*The text version is uncorrected OCR text and is included solely to benefit users with slow connectivity.
Citation
China quarterly update, March 2010 (English). Washington, DC: World Bank. http://documents.worldbank.org/curated/en/226741468216275514