In the second quarter of 2011, China recorded GDP growth of 9.5%, down from the 9.7% increase in the first quarter and down from 10.3% growth in the comparable year-ago period. While the performance beat expectations, one industry observer believes the figure paints a story of a resilient slowdown, while another questions whether China’s current path of growth is sustainable.
In the Spotlight – China – An Economy “Pumped Up On Steroids”?
China recorded GDP growth of 9.5% in the second quarter, down from 9.7% growth in the first quarter and down from 10.3% growth in the comparable year-ago period.