China’s Economy Forecast to Grow 10.3% in First Half

(Bloomberg) — China’s economy will expand faster this year than in 2005 as investment and exports continue to grow, the central bank’s research bureau said.

Gross domestic product will probably rise 10.3 percent in the first six months before slowing in the second half for full-year growth of 10 percent, the People’s Bank of China said in a report, published today in the state-owned China Securities Journal. China’s economy grew 9.9 percent in 2005, overtaking the U.K. as the world’s fourth largest.
Bloomberg