China feared overheating


  • Business
  • Saturday, 18 Oct 2003

BEIJING: China’s economy roared ahead in the year ending September, stoking concerns that the world’s sixth largest economy and an increasingly important buyer of Asian exports is in danger of overheating. 

According to the State Statistical Bureau, China's gross domestic product (GDP) rose 9.1% between the third quarters of 2002 and 2003, accelerating from the 6.7% growth in the year to June. 

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