China Says Economy Grew 5% Last Year, Driven by Exports
Briefly

The economic scars of China's real estate crash are evident at the country's many street markets for construction materials, where proprietors are aching for customers.
Private-sector companies are investing heavily in new factories and equipment to expand production for export, which underscores a shift in focus from domestic to international markets.
Despite skepticism about official statistics, government economists affirm that the economy is recovering amidst the ups and downs, with a notable growth trajectory.
The economy grew more strongly from October through December than during any other quarter, with strong car sales contributing to this positive momentum.
Read at www.nytimes.com
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