China Economy Surges 11.1 Percent in 1Q

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Jobless Rate Holds Steady

MORE JOBS: Employers added 132,000 new jobs in June, sufficient to hold the unemployment rate at 4.5 percent, where it has stood for three months.

SLIGHTLY HIGHER WAGES: Workers saw modest wage gains in June. Average hourly earning rose to $17.38, a 0.3 percent increase from May.

GAINING STRENGTH: The government statistics provide fresh evidence that the once-listless economy is regaining energy.

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{"commentId":651117,"authorDomain":"scottedwards"}

Every quarter the government says they are going to reign in growth, and every quarter the rate of growth gets faster and faster.

{"commentId":651117,"threadId":"95207","contentId":"671830","authorDomain":"scottedwards"}
    Reply#1 - Thu Apr 19, 2007 8:14 AM EDT
    {"commentId":651481,"authorDomain":"blu3ness"}

    and your point is?..

    {"commentId":651481,"threadId":"95207","contentId":"671830","authorDomain":"blu3ness"}
      #1.1 - Thu Apr 19, 2007 11:07 AM EDT
      {"commentId":651504,"authorDomain":"scottedwards"}

      My point is either they are not very good at their job or they aren't trying very hard. If I were China I would be extremely worried about the economy overheating and inflation rearing its ugly head. That combined with the rising value of the yuan hurts its exports. A slower growing economy will mitigate these risks.

      {"commentId":651504,"threadId":"95207","contentId":"671830","authorDomain":"scottedwards"}
        #1.2 - Thu Apr 19, 2007 11:13 AM EDT
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