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« Tennessee MSM Continues to Ignore Bredesen Administration's Flagrant Violation of Key State Constitution Budget Provision | Main | Iraq Update » July 19, 2007Surging ChinaChina's annual economic growth surged to an 11- year high of 11.9 percent in the second quarter, a stunning number that puts China on course to chalk up its straight fifth year of double-digit economic growth and to overtake Germany as the world's third-biggest economy perhaps as soon as this year. Reuters has the details. For perspective on what China's rapid economic growth - and India's - means for the United States, check out the Uncommon Knowledge interview with Michael Spence, a senior fellow at the Hoover Institution and Philip H. Knight Professor Emeritus of Management in the Graduate School of Business at Stanford University. Spence is Chairman of an independent Commission on Growth and Development, focusing on growth in developing countries. Posted in Economy & Business
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