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http://www.nytimes.com/aponline/2010/04/14/business/AP-AS-China-Economy.html?
src=busln
SHANGHAI (AP) -- China's economic growth surged to 11.9 percent in the first
quarter but inflation was lower than expected, easing pressure on Beijing to
hike
rates and cool the boom.
Consumer prices rose 2.2 percent compared with a year earlier, the National
Bureau
of Statistics said Thursday, well below the government's ceiling of 3
percent for
the year.
The data suggested Chinese leaders are succeeding in
src=busln
SHANGHAI (AP) -- China's economic growth surged to 11.9 percent in the first
quarter but inflation was lower than expected, easing pressure on Beijing to
hike
rates and cool the boom.
Consumer prices rose 2.2 percent compared with a year earlier, the National
Bureau
of Statistics said Thursday, well below the government's ceiling of 3
percent for
the year.
The data suggested Chinese leaders are succeeding in