China Booms… Too Good to be True?
Jul 17th, 2009 | By Ian Mathias | Category: Emerging MarketsChina has once again snatched the leadoff spot in our daily lineup. And once again, they’ve knocked the cover off the ball. The Chinese economy expanded at a dizzying 7.9%, their government announced yesterday. That far exceeds analyst expectations and China’s still-impressive 6.1% first-quarter growth.