Showing posts with label expansion numbers. Show all posts
Showing posts with label expansion numbers. Show all posts

Monday, January 26, 2009

Happy Niu Year

It's here! Year of the Ox...

Here's one of my favorite new quotes, "A downturn can be a very good time for restructuring the economy" -
Ma Jiantang, China's National Bureau of Statistics commissioner.

In 2008, China's overall economy expanded 9%. (The last three months of the year were lower at 6.8% expansion).
2007's rate was 13%.

My other favorite quote, (same guy), "Just like the freezing weather we had this morning, it will not last forever."


http://english.aljazeera.net/business/2009/01/200912241324835704.html