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AS the world grapples with the current economic turmoil, economists and market watchers are predicting that well, we may be in for a rough ride ahead, things will get better in the later part of this year with some predicting an early recovery in the second half while mostly now expect recovery to be in place only in 2010.
China's economy is expected to grow in the range of 9% to 10.5% this year. The biggest challenge confronting the nation in achieving another year of strong growth is rising inflationary pressure, which could cause a serious policy dilemma.