BIZCHINA / Biz Media Digest
Macroeconomy:WB raises China 2007 forecast
(Xinhua)
Updated: 2006-11-14 14:32
The World Bank (WB) on Tuesday raised its 2007 growth forecast for
China's economy to 9.6 percent from 9.3 percent, saying that yawning
trade surplus would aggravate the country's economic imbalance.
In the latest Quarterly Update on China, the Washington-based group stood
by its previous projections that China's gross domestic product would
grow 10.4 percent this year.
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