Monday, March 01, 2010

Strong Chinese growth resumes but increased social spending needed, says OECD report

With the help of massive government stimulus action, China is now leading the world economy out of recession, according to a new OECD report. Already the world’s second largest economy, China could well overtake the United States to become the leading producer of manufactured goods in the next five to seven years, it says.


Source: Organisation for economic cooperation and development

Download pdf policy brief | Link to online summary

No comments: