China has a 20% year-over-year jump in industrial output for December, the fastest in almost four years.
Barclays Capital economist Wensheng Peng thinks China’s economy grew 11.4% in the fourth quarter from a year earlier, well ahead of the third-quarter advance of 8.9%.
Forexpros reports China has benefited from a recovery in the United States. The US economy appears to have finished 2009 perhaps growing at an annual rate of more than 5% in the fourth quarter.
RELATED ARTICLES
China revving up as Europe, U.S. pause – January 18
Goldman to Study China, Hong Kong Assets for Bubbles – January 18
New Greater China stock index may boost trade – January 18
China Trade Surplus to Fall 19% on Imports Surge – December 24