Good news for global coal market dynamics: China's economy growing more robustly than anticipated

摘要

China's economy grew more than 7 percent from January through September and will beat the 2009 target of 8 percent, according to a senior economic official. "Achieving a growth rate of 8 percent for the year is basically no problem," economic planner Xiong Bilin, a deputy director of the National Development & Reform Commission, told reporters, as detailed by the Associated Press. Meanwhile, financial magazine Caijing quoted Yu Bin, a senior researcher with the Cabinet-affiliated Development Research Center, growth would top 9 percent for the second half of the year. Yu spoke at a recent conference.