Meanwhile in China…

Reuters
Reuters
Yuan banknotes are seen in this illustrative photograph taken in Beijing September 19, 2010. China will not repeat Japan's mistake of the 1980s and let its exchange rate surge in response to foreign pressure, Li Daokui, an adviser to the People's Bank of China, said on Sunday. REUTERS/Petar Kujundzic (CHINA - Tags: BUSINESS)

G.D.P. grows 9.6%, shows that austerity measures haven’t stopped expansion.

And/But: This was lower growth than predicted.

Related Topics: China, G.D.P., News

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