China Growth By The Numbers
Submitted by Bill Belew on Wednesday, 5 March 2008No Comment
China's consumer price index rises 4.8% in 2007 -
The CPI (inflation) was at the highest level in more than 10 years.
GDP expands 11.4 percent, fastest in 13 years -
2007 saw a slowdown but the year's growth was still the fastest in more than a lunar cycle.
China's fixed asset investment up 24.8% in 2007 -
Fixed assets were up over 2006 by almost 1%. Overall investment – $1.9 trillion.
China's online game market hit Y12.8 billion in 2007 -
The game market was up 66.7% over 2006. Shandra had a market share of 19.3%, Netease had 15.1% and Giant Interactive had 11.9%.
Too late to get started in China?
Hardly. It's just harder now.
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