Success of the Chinese economy in 2009

If the majority of countries in 2009 - was very difficult in economic terms, the PRC, on the contrary, pleased with the world community considerable success of its economy. According to data provided today by the authorities of China, GDP growth in 2009 was 8.7% and surpassed the most optimistic forecasts. Already this year the Chinese economy overtake Japan and become the second largest - after the United States. Separately, we note that the results of the last quarter of last year China's economy has demonstrated a maximum rise in 2007 - up 10.7% over the same period in 2008. In 2009, the consumer price index showed a decline of 0.7%. In addition, retail trade turnover increased by 16.9% in December - by 17.5%! Growth in industrial production in December was 18.5% in annual terms.