Thursday, December 30, 2010
Which Country Will Be The First-II
On 16 April 2009, the Chinese government released its first quarter GDP growth at 6.1 percent, the slowest pace in a decade. Recently, most countries and regions have the minus economic growth in the first quarter GDP, such as -11.5 percent in Singapore, -1.9 percent in the U.K., -6.1 percent in the USA, -14.2 percent in Japan, -10.24 percent in Taiwan, and about –10.0 percent in EU. Will China achieve its goal of 8 percent of GDP in 2009? Can China save the global financial meltdown? In fact, on 16 July 2009, the Chinese GDP in the second quarter rebounded as 7.9%, the first nation getting out from the global meltdown.