China: Macro Risks
BEIJING, CHINA – Despite the global recession, China’s economy grew 8.7 percent in 2009, and the growth momentum continued in the first months of 2010, according to the World Bank’s latest China Quarterly Update released today.
The Update, a regular assessment of China’s economy, finds that massive investment-led stimulus was key in driving the economy last [...]
GDP for the Fourth Quarter of 2009
Statement by Chair of the Council of Economic Advisers Christina Romer on the Advance Estimate of GDP for the Fourth Quarter of 2009
The latest GDP report is the most positive news to date on the economy. The data show that the total output of the U.S. economy increased strongly in the fourth quarter [...]