RTTNews - Realtime Economic News, Global Economic News and Reports, Asian Economic News, Economic Calendar....

RTTNews - Realtime Economic News, Global Economic News and Reports, Asian Economic News, Economic Calendar....:
Consumption Tops In Driving Chinese Growth First Time In Seven Years
1/30/2008 6:14:55 AM China's consumer spending rose 16.8% in 2007, replacing investments as the most powerful engine of growth in 2007 for the first time in seven years, Li Xiaochao a spokesman of the National Bureau of Statistics said Wednesday.