
The World Bank has raised its growth forecast for China to 7.2 percent for 2009, up from a previous estimate of 6.5 percent. The international financial institution issued it's quarterly report on China this morning and predicted that "growth in China should remain respectable this year and next" however, they added that "it is too early to say a robust sustained recovery is on the way."
You can view the full report and associated graphs, video and analysis here.
Links and Sources
World Bank: China Quarterly Update, June 2009
World Bank: China Quarterly Update, June 2009 - Graphs from the report