China’s economy grew at rapid pace in second quarter 2009; Stock market capitalisation of Chinese companies now second to US
Jul 16th, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
China’s economy grew at a rapid pace in the second quarter 2009, with gross domestic product expanding by an annual 7.9 per cent rate. The stock market capitalisation of Chinese companies is now second to the US, after overtaking Japan on Wednesday.