Can you foresee the next year's economic growth rate?

Can you foresee the next year's economic growth rate?
Dec 16, 2008 01:20
ZOEY Points: Join Date: Nov 29, 2004 Status: offline	In the second quarter of 2007, China's economic growth reached a peak of 12.6 percent. Unluckily, it has started to drop severely since then. Until the third quarter of 2008, the growth has lowered to 9 percent. The recent economic data reveals that the GDP growth in the fourth quarter might be below 7 percent. Sounds scary. According to the recent economic data, many economists have lowered their expectation of the growth in 2009 from 9 percent to 8 percent. Some even foresee that the growth rate will be between 5 to 6 percent. Can you foresee the next year's economic growth rate?

Dec 16, 2008 01:20

ZOEY
Points:
Join Date: Nov 29, 2004
Status: offline

In the second quarter of 2007, China's economic growth reached a peak of 12.6 percent. Unluckily, it has started to drop severely since then. Until the third quarter of 2008, the growth has lowered to 9 percent. The recent economic data reveals that the GDP growth in the fourth quarter might be below 7 percent. Sounds scary.

According to the recent economic data, many economists have lowered their expectation of the growth in 2009 from 9 percent to 8 percent. Some even foresee that the growth rate will be between 5 to 6 percent.

Can you foresee the next year's economic growth rate?

Dec 18, 2008 03:40	#1
JIMMYB Points: Join Date: Feb 7, 2007 Status: Offline	I am not an economist so I can't foresee the next year's economic growth. All I know is that Chinese economy is cooling down. And many cases have proved that the economists' words are not true.

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