Articles
9 growth expected to be new norm for China report
- Details
- Category: Business
- Published: 15 December 2010
- Written by People Daily
- Hits: 385
The Chinese economic growth is forecast to slow to 9.1 percent in 2011, from an estimate of 10.3 percent this year, and the 9 percent growth is expected to be a new norm for China in the post-crisis period, Bank of America Merrill Lynch said in a regional economic outlook report released on Tuesday.
After fluctuations since late 2008, China's gross domestic product (GDP) growth has stabilized at about 9 percent in both year on year and sequential terms, in comparison with the average 11-perc ...
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