US Media on China Economy

   Date:2011/12/16

The three-day Central Economic Work Conference is one of the most important economic policy-making events in China.

According to the U.S. Forbes website, China has sent a positive signal amid worsening panic over a global recession. The article quoted an analysis from Barclays, which predicts China's 2012 GDP to be maintained at 8.4 percent amid the EU debt crisis and a possible double dip in the U.S.

Meanwhile, CNN notes China's priority is shifting from curbing inflation to maintaining steady growth.

The New York Times points out, China's GDP will drop below nine percent in the first quarter next year - the lowest level in 10 years.

Source:cntv.cn

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