Not for the first time in recent memory, China's economy is the envy of the world. While most big economies are either still mired in recession or showing modest recoveries, China is firing ahead.
Few now doubt that the government will achieve its target for the year of 8 per cent growth in gross domestic product – even if many think there are still big questions about the accuracy of Chinese GDP numbers.
The startling rebound is the result of a successful stimulus plan. China made headlines last year with a plan to spend Rmb4,000bn ($600bn) over two years on investment.
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