China to take lead role in driving global recovery

CHINA was leading the world economy out of recession, helped by a massive government stimulus package and is on course to overtake the United States as the world’s top manufactured goods producer within seven years, a new study said.

The Organisation for Economic Co-operation and Development report said that the world’s second largest economy can afford the extra spending as China’s public finances remain strong.
But the OECD’s latest Economic Survey of China said it would be important to...

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