China GDP to grow by 10%

China's economy will grow by about 10 percent this year, according to the the central bank (via ChinaDaily). It added that investment is growing too quickly, threatening to stoke inflation.

The central bank's growth forecast is higher than estimates by the International Monetary Fund and the World Bank. China's economy expanded 9.9 percent last year, the most among the world's 20 largest economies.

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