Friday, July 17, 2009

China Economy Surges on Energy Spending

China says its investments in clean energy technology are paying off.

Government officials say a flood of government spending and bank loans helped its economy grow in the second quarter by 7.9 percent over the same period a year ago.

Rock Jin, chief economist for Sinolink Securities in Beijing, says two-and-a-half percentage points of that can be traced to $586 billion in stimulus...

Visit Clean Skies for the full story.

No comments:

Post a Comment