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Expert Says Economy May Overheat in 2010

11-09 14:34 Caijing

Full article in Chinese: http://www.caijing.com.cn/2009-11-06/110305814.html

» China might see "excessive" investment during the first half of 2010, causing the economy to overheat, Zhang Hanya, a researcher at the Investment Institute of the National Development and Reform Commission, told Caijing.
» Fixed asset investment grew 33.4 percent to 15.5 trillion yuan in the first nine months.
» The number of new projects rose 41.2 percent in the first three quarters, with planned total investment up 83 percent, said Zhang, adding that the projects would require even more funding during the first half of next year.
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