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Another Year, Another 10 Percent

Xu Yifan, Deputy Director of the National Bureau of Statistics (NBS), has “predicted” (maybe he has already drafted the report?!) that China’s GDP growth will be 10 percent this year (following 10.2 percent in 2005, and 10.9 percent in the first six months of 2006). China Daily reports:

Xu is reported as saying that there are still risks of overheating, and from too much fixed-asset investment. In any event, estimates have been going up and down recently. I reported earlier (in August – see here [1]) that:

So, at around 10 percent there seems to be some sort of consensus.

See news source: