A Dose of Medicine for Slowing GDP

Friday, January 23rd, 2009

As the global slowdown continues, China (in contrast to the recent upward restatement for 2007) is showing signs of slowing – in the last quarter of 2008 GDP growth was 6.8%, which is slow by recent Chinese standards. MarketWatch reports: “Gross domestic product expanded 6.8% in the October-to-December period, compared to a year ago, easing […]