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Old 03-18-2011, 08:18 PM   #1
sandy6565
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BEIJING christian louboutin patent leather pumps, July 20-- The stronger-than-expected rebound of the Chinese economy has proved the power of investment as a key growth engine.However, policymakers should keep in mind that there is a limit to such an investment-driven recovery. The emphasis should be more on a consumer-led recovery. Almost single-handedly so far high heel air jordan, an investment boom has put the country back on track to hit its growth target of 8 percent this year. Latest statistics show that fixed asset investment soared by 33.5 percent year on year in the first six months authentic louis vuitton handbags outlet, contributing 6.2 percentage points to the country's 7.1 percent headline real GDP growth for the first six months. In other words, investment accounted for about 90 percent of the growth while consumption and export together added only 0.9 percentage points. Clearly, investment is playing an overwhelmingly important role in helping China to weather the global slump. At a moment when shrinking external demyilai:
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